Defense Budget as Microcosm of Overall Budget...

• In the midst of two long-running wars in Iraq and Afghanistan, defense officials are increasingly worried that the government's generosity is unsustainable and that it will leave them with less money to buy weapons and take care of equipment.
• .."we'll have to take some dramatic measures ourselves to sustain the force we have,"..
• Overall, personnel expenses constitute about one-quarter of defense spending.

Defense will be feeling the silent tax of these cost-drivers for years. And the days of ever-increasing defense budgets are ending. It's the era of root-canal politics. Sooner or later, we are all like Greece. This will not be pretty.
- posted by john @ 6:08 PM