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View Full Version : Rebuilding Military Requires Sacrifices But Can Be Done, Experts Say


Terri
06-27-2007, 08:16 PM
By Monisha Bansal
CNSNews.com Staff Writer
June 27, 2007

(CNSNews.com) - Asserting that the U.S. military is "stretched thin," policy experts debated Tuesday whether the country can afford to rebuild the military to necessary levels and how it should be done.

"We should spend whatever it takes to make sure we're secure, but by doing it in a very candid way," Robert Hormats, vice chairman of Goldman Sachs International, said at the American Enterprise Institute in Washington, D.C.

"Funding the military in the next decade is going to be very challenging if people are soured on the military because they are soured on the war in Iraq," he said.

More (http://www.cnsnews.com/ViewNation.asp?Page= /Nation/archive/200706/NAT20070627a.html)

Speedway
06-28-2007, 04:11 AM
"We have to budget for the long haul," he said. "You can either raise taxes to cover the costs ... or you can borrow more and bloat our debt."

And you can lower income by raising taxes. Why is it that every idiot out there doesn't understand how taxes work, but even John Kennedy understood it? I just don't get it!