The Self-Inflicted Arms Race


More than a decade after the demise of the Soviet Empire, and with no peer military competitor on the horizon, America is in an arms race with itself.

Military spending is the economic elephant in the middle of America’s living room. In 2006, we will commit roughly $500 billion to our armed services, an amount equal to the defense budgets of the rest of the world combined.

More on the impact of the military-industrial complex and why it is self-perpetuating, from Jeff Huber at E Pluribus Media.