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The Military-Industrial Complex (that doesn't exist) - gets richer

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  • The Military-Industrial Complex (that doesn't exist) - gets richer

    Just think how much money could be made if the complex really did exist.

    http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

    Highlights:


    The Government Accountability Office found that 95 major systems have exceeded their original budgets by a total of $295 billion, bringing their total cost to $1.6 trillion, and are delivered almost two years late on average.



    The Pentagon has doubled the amount it has committed to new systems, from $790 billion in 2000 to $1.6 trillion last year, according to the 205-page GAO report.



    In most cases, programs also failed to deliver capabilities when promised -- often forcing war fighters to spend additional funds on maintaining" existing weapons systems, the report says.

  • #2
    Cut the defense budget by about 25% and the budget gap is virtually closed. Cut a few of the others by 5-10% and we have a surplus.

    We do not need to raise taxes by one dime.
    Go Cards ...12 in 13.


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