We cannot cry for ending the national debt unless we also demand reining in military spending. With defense costs being 57 percent of the budget, we surely should realize as much.
I do not say we should not keep a good national defense. We must. Only do I say that we should not allow the industrial military complex to overcharge us so much.
And, they are. There are times they sell us things we don't need, and times they overcharge for what we do need.
We worry about soaring medical costs. Even so, military costs are out of control. Yesterday, I posted on how in order for medical costs to go up, you need little more than finding a payer rich enough to pay however much you charge. If somebody has a lot of money, someone else will be reaching in their pocket to take it out.
Uncle Sam has the deepest of pockets. In a sense, that is, for he will borrow however much money is required. So, however much you want to raise the bill, rest assured Uncle Sam will find a way to pay you. That being true, there is going to be a tendency for contractors to take as much money from him as they can.
Rob him blind, so to speak.
Where does the money go? I don't believe the average person working for a military contractor makes an overly amount, at all. But, I would bet the chief executives do. Are they living high on the hill? I don't know any, personally, but don't believe it's a secret these men are very well off.
How to get them to charge Uncle Sam less? How to get them to live on much reduced pay? Those are hard questions. It needs to be done, but how do we go about it? How to you convince the CEO of Boeing to live off $130,000 a year?
And, I'm not so sure I wouldn't cut him that low, if I could -- him and everyone else in his board room.
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