Thursday, March 31, 2016

Empires, Warmongering, And Bankruptcy

This is insanity. President Obama is proposing spending $1 trillion dollars to upgrade and expand the American nuclear arsenal. As posted on Bill Moyer, the President wants to insure American nuclear hegemony well into the present century. Besides the fact that this entire idea is ludicrous, even if it could be rationalized how can it be afforded? Even the Defense Department wonders, even though they are pushing for it:

Critics charge that the expenditure of this staggering sum will either bankrupt the country or, at the least, require massive cutbacks in funding for other federal government programs. “We’re… wondering how the heck we’re going to pay for it,” admitted Brian McKeon, an undersecretary of defense. And we’re “probably thanking our stars we won’t be here to have to have to answer the question,” he added with a chuckle.

This is simply further evidence that 1) the US is an empire that is soon to collapse, as such reckless spending on the military suggests. As has been repeatedly pointed out elsewhere, empires are more likely to bankrupt themselves out of existence rather than suffer from invasion (here and here). And 2) the military-industrial complex has won! There seems to be no stopping it (I've written on this here).

What adds insult to injury with this proposed trillion dollar extravaganza is the fact that Americans are getting poorer and quickly so (see here). The Pew Charitable Trusts have just released figures that demonstrate how perilous this decline is becoming. Here are some charts:
Yes, income is going up, yet costs of living are rising faster. The chart below posts similar information in a different format:
  And the lowest classes are struggling the most. The highlighting is my own:
 
Ergo: we're going broke, but the president (and his supporters in Congress) want to build even more nuclear warheads. 

At times I wonder if I should move somewhere else, but there's no other place to go. Hmm, I wonder if we can change things through the ballot box? (Ha ha ha, I crack myself up.)

Your thoughts?