Category Archives: Budget

Plutocratic Populism Pays

What’s with rich liberals who blast other people for being rich?

by Victor Davis Hanson // National Review Online

Democracies Like Military Cuts

by Bruce S. Thorton // FrontPage Magazine

Photo via FrontPage Magazine

Photo via FrontPage Magazine

President Obama has been rightly chastised for his proposed cuts to our military budget. Critics have gone after his Quadrennial Defense Review and its plan to shrink the armed forces, not to mention the clumsy optics of issuing pink slips to thousands of officers still serving in Afghanistan. More troublesome is the reduction of the military’s global mission from its traditional purpose of being able to fight and defeat two enemies at once, to only defeating one while keeping a second from “achieving its objectives,” a conveniently fuzzy criterion.

Worse yet, these cuts are coming just as China and Russia are flexing their geopolitical muscles, the Middle East is exploding in sectarian violence, and Iran is creeping ever closer to nuclear weaponry. As a bipartisan panel created by the Pentagon and Congress concludes of these latest reductions, “Not only have they caused significant investment shortfalls in U.S. military readiness and both present and future capabilities, they have prompted our current and potential allies and adversaries to question our commitment and resolve. Unless reversed, these shortfalls will lead to a high-risk force in the near future. That in turn will lead to an America that is not only less secure but also far less prosperous. In this sense, these cuts are ultimately self-defeating.”

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Are We Doomed?

by Victor Davis Hanson

National Review Online

Sometimes societies find themselves in pernicious cycles in which the perceived medicine seems worse than the known disease. The Roman satirist Juvenal lamented the ill effects of free food and free entertainment for the masses (“bread and circuses”) in part because he knew there was no remedy for the pathology in sight — and thus only a slow decline toward fiscal insolvency or riots were on the horizon. Read more →

Failure Is Very Much and Option

by Victor Davis Hanson

NRO’s The Corner

Lost in the furor over the budget is any discussion of the fact that, after a certain baseline point, redistributive payouts might be making things worse for those on the receiving end. Read more →

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