Monday, April 6, 2009

Role Reversal / Strange World

As reported by the WSJ...


Defense Secretary Robert Gates unveiled a sweeping overhaul of the Pentagon's top weapons priorities...
....
The ambitious shake-up, a combination of defense contract cutbacks and policy changes, will stoke a smoldering debate in Congress about the importance of weapons manufacturing jobs and may mark an inflection point after the industry's record run during the Bush administration

As a general rule, I believe that our defense budget is too big; hence, I would typically support this proposal by Gates. However, these budget cuts will kill jobs, and the last thing our slogging economy needs is fewer jobs. Instead, we need more jobs, more government spending, and we can worry about the deficit and inflation later. Thus, in an unusual role reversal, I am opposed to a Republican's call for military budget cuts.

Strange world.

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