Sunday, May 27, 2012

Reality Check: Entitlement Spending Dwarfs Wars Since 2001


Townhall.com ^ | May 27, 2012 | Kate Hicks



Some bad news for the vehement anti-war set: they've lost the spending argument. A new chart reveals that in the last decade, spending on national security, Iraq, and Afghanistan combined paled in comparison to entitlement spending -- 19% to 65%, respectively. Over to you, infographic:

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"About 65 percent of federal expenditures over the last ten years have gone towards entitlements,"Paul Miller writes. "By comparison, about 15 percent has gone towards national defense, excluding the wars in Iraq and Afghanistan. Iraq has cost three percent, and only about one percent has gone towards the war in Afghanistan (including the cost of ongoing military operations and all reconstruction and stabilization assistance combined), according to my analysis of figures from OMB."
In other words, Miller says, "Afghanistan is the second-cheapest major war in U.S. history as a percentage of GDP, according to the Congressional Research Service."
And of course, it's worth noting that war spending is about to decline, as our efforts abroad wind down, but entitlement spending will only grow as more people retire. For all President Obama's talk of a cheaper, "leaner" military, that's clearly not the area in need of a trimming.

(Excerpt) Read more at townhall.com ...

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