David Eisenhower, grandson of the president who warned Americans of a “military-industrial complex(MIC) 50 years ago, says in an essay this month that that coalition today “retains significant influence…” Yes, indeedy! In fact, when the Pentagon gets more than half of all taxes collected from the American people and spends more for war than all our 50 governors spend to run their states, his phrase “significant influence” may be a wee bit understated.
Is cutting military spending on the block along with other parts of the discretionary budget? Some deficit hawks are fearful of appearing soft on their proclaimed war on terror. But Eisenhower had no qualms about military spending.
Eisenhower writes that his grandfather meant every word of his famous warning. Proof: the popular (“I like”) Ike slashed military spending 27% during his eight years in office.
Twenty seven percent of the present day military budget would slash over a quarter of a trillion per year from the deficit or 2.5 plus trillion in a decade. But don't hold your breath and if they do cut get ready to fight like hell for veterans benefits. You wouldn't expect it to come out of contractors pockets!