Wednesday, July 17, 2013

The Defense Budget Is Even Larger Than What You Think: Part Two

Sam Shore/Army Photo

Correcting the Pentagon’s Distorted Budget History -- Winslow Wheeler, Battleland/Time

The Defense Budget Is Even Larger Than You Think: part two of two

Given the warped measures that high-spending advocates and the Defense Department use to calibrate past, present and future defense spending (described here Monday), it is important to find an independent, objective yardstick to measure Pentagon spending trends accurately.

Unfortunately, there isn’t one.

If there were, this debate would be over, and I could retire.

The Bureau of Economic Analysis in the Commerce Department might be tasked with the job of finding one, but it actually plays a major role in devising the Pentagon’s self-serving measures of inflation. The Office of Management and Budget has its own deflators that are only slightly different.

Read more ....

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My Comment: Both posts by Winslow Wheeler are a must read for a better understanding on the Pentagon's defense budget woes (or not).

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