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Monday, August 06, 2007 

Antiwar Profiteering?

Former 5th district Congressman and Heritage Foundation scholar Ernest Istook offers this editorial in the Washington Times today. Some of the politicians who propose withdrawing our troops from Iraq have an ulterior motive. They want to stop spending money on the military so they can start spending it on social programs. If they succeed, an army of social workers may prove the only force in the world capable of beating America's military. Funding that "army" is a revival of the "peace dividend" doctrine that brought us a hollowed-out military during the Clinton administration. Sen. Barack Obama, Illinois Democrat, has claimed first dibs on the money to create a new $6-billion-a-year program against urban poverty "funded by savings from ending the Iraq war." Fellow presidential candidate John Edwards certainly will want a chunk, considering that his central theme is a mega-billion-dollar expansion of the "War on Poverty." Congress is already on a spending spree. During the first six months of the new majority, the House and the Senate approved almost $200 billion in new spending, mostly to be financed with tax increases, with a little left over to lower the deficit. But raising taxes carries political risks, so tapping a "peace dividend" is an alternative justification for higher spending. It's a tempting target, because the five-year cost of our operations in Iraq and Afghanistan is officially calculated at $758 billion. Read more...

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Posted at 8/06/2007 01:57:00 PM


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