Cut the military budget? Really? A graph that shows the truth on where spending has went through the roof

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Entitlements are what's really killing us.

Nekochan wrote:Entitlements are what's really killing us.  

War costs aren't included in the chart.

why not?

The MIC is starting to worry about its potential for future profits, too....

Opinion: More Pressure On Margins Likely By 2020

http://www.aviationweek.com/Article.aspx?id=/article-xml/AW_04_07_2014_p18-676305.xml&elq=2df1cc6e66394a20a6062994b2d57496&elqCampaignId=414

Record-high operating profit margins being reported by U.S. defense prime contractors could be sustained for another year, perhaps even three, but later this decade and into next, margins may come under pressure.....  ...there are several factors looming that could place more pressure on margins by the end of this decade....  ... if external security threats and internal budget dynamics accelerate change within the department's acquisition plans, current contractor profits may be at greater risk....

Wordslinger wrote:

Nekochan wrote:Entitlements are what's really killing us.  

War costs aren't included in the chart.

why not?

Different pots of money, I would guess. Wars have cost us many billions over the last dozen years and I think that most Americans hope we don't get involved in any new wars any time soon.

It's the benefits of our service people that should not be cut.

Nekochan wrote:Wars have cost us many billions over the last dozen years and I think that most Americans hope we don't get involved in any new wars any time soon.  

I think you meant to say trillions.

boards of FL wrote:

Nekochan wrote:Wars have cost us many billions over the last dozen years and I think that most Americans hope we don't get involved in any new wars any time soon.  

I think you meant to say trillions.

Many billions equals trillions and I'm sure you're right.  

However, my issue is that service members benefits and military readiness should not be cut.   There is a tremendous amount of waste in the defense budget and it needs to be cut without diminishing our military readiness.   How to get Congress to do this is the problem.....they all have their pet projects and special interests.

Wars wind down and eventually end. But entitlements only grow.

Nekochan wrote:

Many billions equals trillions

  

Sal wrote:

Nekochan wrote:

Many billions equals trillions

  

Doesn't it?

I actually just looked it up. The number I found for the cost of Iraq and Afghanistan is 6 trillion.

How many billions are in a trillion?

Wars are included in the defense budget .....

No link Neko?

PACEDOG#1 wrote:Wars are included in the defense budget .....

I'm not sure the wars are included but here is the cost of war link:

http://www.washingtonpost.com/world/national-security/study-iraq-afghan-war-costs-to-top-4-trillion/2013/03/28/b82a5dce-97ed-11e2-814b-063623d80a60_story.html

This number says that it includes the cost of treating wounded veterans but that amount is listed separately in the budget, under veteran's benefits.

Nekochan wrote:

PACEDOG#1 wrote:Wars are included in the defense budget .....

I'm not sure the wars are included but here is the cost of war link:

http://www.washingtonpost.com/world/national-security/study-iraq-afghan-war-costs-to-top-4-trillion/2013/03/28/b82a5dce-97ed-11e2-814b-063623d80a60_story.html

This number says that it includes the cost of treating wounded veterans but that amount is listed separately in the budget, under veteran's benefits.

Wars are always counted in defense budget. Branches of the service can't "charge" their costs.

Nekochan wrote:Many billions equals trillions and I'm sure you're right.

And many $0.01s equals trillions as well.

KarlRove wrote:Wars are always counted in defense budget. Branches of the service can't "charge" their costs.

http://en.wikipedia.org/wiki/Military_budget_of_the_United_States

The recent invasions of Iraq and Afghanistan were largely funded through supplementary spending bills outside the federal budget, which are not included in the military budget figures listed below.[6] Starting in the fiscal year 2010, however, the wars in Iraq and Afghanistan were categorized as "overseas contingency operations", and the budget is included in the federal budget.

They have always been tied to the bare budget .....

boards of FL wrote:

Nekochan wrote:Many billions equals trillions and I'm sure you're right.

And many $0.01s equals trillions as well.

But there's only one boards of FL.   

PACEDOG#1 wrote:They have always been tied to the bare budget .....

http://en.wikipedia.org/wiki/Military_budget_of_the_United_States

The recent invasions of Iraq and Afghanistan were largely funded through supplementary spending bills outside the federal budget, which are not included in the military budget figures listed below.[6] Starting in the fiscal year 2010, however, the wars in Iraq and Afghanistan were categorized as "overseas contingency operations", and the budget is included in the federal budget.

http://erinjenne.blogspot.com/2010/08/idea-1-for-solving-economic-crisis-kill.html

PACEDOG#1 wrote:They have always been tied to the bare budget .....

Wrong. Under Bush the wars weren't budgeted.

Yes they were ....

Money just doesn't magically
Appear

stupid is timeless....