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.
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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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