Tuesday, October 5, 2010

Is this the Military-Industrial Complex Ike warned us about 50 years ago?

A blog post at The Economist offers a counterpoint to a Wall Street Journal op-ed piece authored by AEI's Arthur Brooks, Heritage's Ed Feulner, and the Weekly Standard's Bill Kristol. One key point that jumped out at me was:

"The reality is that much of the world is free-riding off the security provided by American military dominance. Were American taxpayers to refuse to bear so much of the burden of keeping the world safe for Danish container ships, other countries would surely step up. Furthermore, considerations of basic distributive fairness suggest they should."

The blog posting also cites another great column at The Washington Post by Linda J. Bilmes and Nobel Prize winning economist Joseph E. Stiglitz, which breaks down the actual direct and indirect costs of the Iraq War.

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