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Balancing the budget by cutting taxes and increasing defense spending

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Mitt Romney says he’s going to cap spending at 20% of GDP (it’s currently 24% of GDP), while military spending will have a floor of 4% of GDP, keeping in mind that military spending is currently 4.8% of GDP, and he’s actually proposing a lot of spending increases—not only just by buying the military a lot of cool new stuff, but also by engaging them much more in the Middle East with shows of strength and being in BFFs with Israel. He says he’s going to pay for all of this by making the military more efficient (you know how I know Mitt Romney has never worked with the military?) and by delivering budgets on time (you know how I know Mitt Romney has never worked with this congress?).

I just read this shit and marvel. This is the stuff of conservative wet dreams. Simultaneously having the most hyper-macho military/America in the world while cutting their own tax burden? HELL YEAH! Except that it’s not possible. I mean, did we learn nothing from George W. Bush and the experiment from 2001-2009 where we cut lots of taxes and spent lots of money on defense and just dug ourselves a big fat hole?

No. No, we didn’t. Which is why in 2012, we’re seriously entertaining the idea of electing a guy where a full 70% of his foreign policy advisers worked for George W., as did a number of Romney’s economic advisers.


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