mises.org / Tho Bishop / Mar 20, 2017
Last week was a story of dual cities.
In Washington President Trump followed by on his plans to expand US troops spending, proposing a bill that enclosed $639 billion for a Pentagon — a $54 billion bill increase. Meanwhile, in Moscow, a Russian supervision has announced a 25% rebate in invulnerability spending, a sharpest cut given a 1990’s. This brings Russia’s sum troops bill for a year to around $50 billion dollars, reduction than Trump’s due increase.
Not usually does this denote a stupidity of a beltway’s enterprise to execute Vladimir Putin as a world’s many dangerous man, though it serve highlights a madness of a Pentagon’s budget.