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Exclusive: America has ‘reached the point of no return,’ Reagan budget director warns

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unhappycamper Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 09:49 AM
Original message
Exclusive: America has ‘reached the point of no return,’ Reagan budget director warns
Exclusive: America has ‘reached the point of no return,’ Reagan budget director warns
By Nathan Diebenow
Monday, January 10th, 2011 -- 8:53 am

The Obama administration's $78 billion cut to US defense spending is a mere "pin-prick" to a behemoth military-industrial complex that must drastically shrink for the good of the republic, a former Reagan administration budget director recently told Raw Story.

"It amounts to a failed opportunity to recognize that we are now at a historical inflection point at which the time has arrived for a classic post-war demobilization of the entire military establishment," David Stockman said in an exclusive interview.

"The Cold War is long over," he continued. "The wars of occupation are almost over and were complete failures -- Afghanistan and Iraq. The American empire is done. There are no real seriously armed enemies left in the world that can possibly justify an $800 billion national defense and security establishment, including Homeland Security."

Short of that, he suggested, the United States has "reached the point of no return" with its artificial creation of wealth, and will eventually face a sharp economic decline.


Stockman last fall criticized the extension of the Bush tax cuts while the federal government continued to borrow money abroad to pay for its public welfare and warfare programs. His solution to deficit spending -- a huge across-the-board tax increase -- is contrary to the current anti-tax ideology shared among tea party activists as well as fiscal conservatives in the Republican Party.
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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 09:52 AM
Response to Original message
1. Our biggest enemies use economic, not military, weapons n/t
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hobbit709 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 09:52 AM
Response to Original message
2. The Roman Empire started to collapse when they couldn't sustain the expense.
History always repeats.
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harun Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 09:53 AM
Response to Original message
3. I think Reagan's guys feel guilty for having started this ideology.
None of them thought people would actually carry it out to their extremes, like they are now.
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immoderate Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 10:04 AM
Response to Reply #3
7. That's the problem of "nobody in charge." Namely Reagan.
--imm
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DemoTex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 10:25 AM
Response to Reply #7
11. G.H.W. "Poppy" Bush was "in charge" ..
Ergo Iran-Contra and other CIA/Military-Industrial-Complex wet dreams.
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-12-11 08:48 AM
Response to Reply #11
17. Especially after the Hinckley Reminder.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 09:54 AM
Response to Original message
4. and from a republican. nt
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 09:59 AM
Response to Original message
5. And where did this out of control mess begin?
A big thing called Reaganomics!

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CTyankee Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 10:06 AM
Response to Reply #5
8. In fairness, Stockman did say something against Reaganomics.
at the time. That was when Reagan "took him to the woodshed." Stockman is now kinda sorry this whole thing got started. I'd like to hear more from him along these lines. Maybe he can browbeat some of his fellow pubs. His wife is a very strong supporter of reproductive rights so they ain't all bad...
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 10:01 AM
Response to Original message
6. Maybe that $140 billion tax give away to the uber rich wasn't such a good idea? n/t
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 10:19 AM
Response to Original message
9. I heard a Pentagon spokesman on TV just a couple days ago
say we just can't cut $78 billion out of the Pentagon budget, it would be devastating to national security.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 10:23 AM
Response to Reply #9
10. These military
boyz must have their budgets or they become flaccid....viagra won't even work.

GI Joes and all of those toy soldiers and guns should be outlawed. Teach war as war is....horrid.
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jeanpalmer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-12-11 08:02 AM
Response to Reply #9
14. And that's $78 billion in cuts over 5 years
or $15.6 billion a year out of a $725 billion budget. Almost nothing.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 10:26 AM
Response to Original message
12. Since when does the Secretary of Defense set his own budget?
I thought it was up to Congress to make the cuts?
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-12-11 08:54 AM
Response to Reply #12
18. I think it is the proposed budget.
Only Congress can pass the budget.

Usually departments do give insight though. Programs which can be cut, or expanded. Expected costs, etc.
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-10-11 12:35 PM
Response to Original message
13. I'm still waiting for my "Peace Dividend". (Remember that?)
”Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children."
---Republican President Dwight Eisenhower

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johnroshan Donating Member (333 posts) Send PM | Profile | Ignore Wed Jan-12-11 09:01 AM
Response to Reply #13
20. That is an amazing quote. Especially the last two lines.
If you take all the geniuses who work in the military and set them to work in civilian sectors, I can even begin to imagine the breakthroughs they might have come up with. Why does the military have the best? Why do the best of us work on finding ways to kill others rather than to help?
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jeanpalmer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-12-11 08:12 AM
Response to Original message
15. Stockman is making a lot of sense here
and is recommending the only course of action that can save us -- cut defense spending drastically and raise taxes. Unfortunately, he's the only one saying it. Obama should have hired him as budget director. Stockman has the ability and willingness to make the case to the people.

That whole article was great. Everything he said was mostly spot on. You wonder if anyone will listen to him. Time is running out.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-12-11 08:37 AM
Response to Original message
16. Shit when Reagan's budget director is to the left of Obama on military spending & taxes...
Edited on Wed Jan-12-11 09:29 AM by Statistical
....

....

....
well honestly I don't know what to say.
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Carolina Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-12-11 08:58 AM
Response to Reply #16
19. exactly!
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