Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Numbers Racketeers: The Obama-Gates Scam on Military Spending Cuts

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 11:04 AM
Original message
Numbers Racketeers: The Obama-Gates Scam on Military Spending Cuts

April 21, 2011

Numbers Racketeers
The Obama-Gates Scam on Military Spending
By GARETH PORTER

The original Obama-Gates base military spending plan – spending excluding the costs of the current wars – for FY 2011 through 2020, called for spending $5.8 trillion, or $580 billion annually, as former Pentagon official Lawrence Korb noted last January. That would have represented a 25 per cent real increase over the average annual level of military spending, excluding war costs, by the George W. Bush administration.

The Obama FY 2012 budget submission reduced the total increase only slightly – by $162 billion over the four years from 2017 to 2020, according to the careful research of the Project on Defense Alternatives (PDA). That left an annual average base military spending level of $564 billion – 23 per cent higher than Bush’s annual average and 40 percent above the level of the 1990s.

Central to last week’s chapter in the larger game was Obama’s assertion that Gates had already saved $400 billion in his administration. The $400 billion figure is based primarily on the $330 billion Gates claimed he had saved by stopping, reducing or otherwise changing plans for 31 weapons programs. But contrary to the impression left by Obama, that figure does not reflect any cut in projected DOD spending. All of it was used to increase spending on operations and investment in the military budget.

The figure was concocted, moreover, by using tricky accounting methods verging on chicanery. It was based on arbitrary assumptions about how much all 31 programs would have cost over their entire lifetimes stretching decades into the future, assuming they would all reach completion. That methodology offered endless possibilities for inflated claims of savings.



Read the full article at:

http://www.counterpunch.org/porter04212011.html

Printer Friendly | Permalink |  | Top
msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 11:27 AM
Response to Original message
1. Gates = Bush/Cheney mole as 1/2 of the players in the military shell game nt
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 10:09 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC