Friday, March 10, 2017

Conflicting Polls On U.S. Defense Spending

CNN: Poll: Americans Oppose Defense Budget Increases

The president reportedly proposes to cut the Coast Guard, however, by $1.3 billion.

A majority of Americans oppose President Donald Trump's proposed budget increases to the Department of Defense at the cost of other departments, a new poll finds.

A CNN/ORC poll out Wednesday finds 58 percent of respondents oppose the administration's plan to increase military spending by cutting funding for the State Department and other agencies.

The proposal to cut State funding was met with immediate criticism from Republican Sens. Marco Rubio, John McCain and Lindsey Graham.

Read more ....

Update: CNN/ORC poll: Most back boost in infrastructure spending, oppose growing military budget (CNN).

WNU Editor: A Gallup poll says otherwise .... New Poll Shows Americans Think Defense Spending Too Low, Military Too Weak (Daily Signal). More here .... 1 in 3 Americans Say US Spends Too Little on Defense (Gallup)


Jay Farquharson said...

Boat sales are up too with the Coastguard cuts,

Airline Ticket sales ( Mexican, Saudi) are expected to rise with the FTA cuts as well.

Anonymous said...

Now that is a good spending move:

Jay Farquharson said...

Not really.

Compared to other Continents, North America is "shy" on rare earths.

Then there is the "costs" factors, mostly labour/ safety/environmental.

There's a moly mine near me, ( moly, gold, silver, lead, zinc, lithium, gallium, etc) that ran from 1912, shut down in 1975. Still lot's of ore, but the mine required $100,000,000 a year in subsidies in 1975 to stay open.

Most North American Mining, survives off the stock sales and subsidies, not the product.

The Planet Mine reached 120 feet below Stump Lake, but closed because the Mine produced at $1,789 per ton of ore, and China was selling refined Rare Earths from China and Africa at $1,575 a ton.

The Stamp Mill burned down in 1987 in a forest fire, the Claim Hilders have been trying to restart the mine for years, but have never been able to raise the close to a billion in capital to get it olerational again, mostly because they would have to sell the ore at a massive loss.

The Law change will be great for the VSE, the worlds greatest market for mining stock pump and dumps and other frauds, ( Bri-X).

One of the "fun" aspects of Mining in North America, is while the profits are privatized, much of the costs are socialized.

Good thing the EPA's gone.

TWN said...

Because of the different rates of labour these figures are not accurate, a machinist in the US makes 10 times what one in China makes and US Military and the western Pay is much high per person. These figures are total unreliable, China and Russia are able to produce more Manpower and equipment than the west, at a far cheaper cost.So what does $215 Billion Buy in China VS $598 Billion in the US, material costs are the same, ie, a pound of Aluminum is .85 a pound, but the labour cost is 10X higher in the west, they produce consumer goods cheaper, they can produce Military Goods cheaper than we can in the west.

Stephen Davenport said...

I believe the US military is receiving more than enough funding, they are just misusing it, no budget control, mismanagement. Nobody is even close to us yet the US military acts like it is starving to death. No more money. Live within their means.