Sunday, March 13, 2011

We all make mistakes

Truthout has an article by Paul Krugman that I can't find on the NY Times site. I wonder if that's because he makes the argument that cutting the defense budget won't do much for the deficit. His basic point, as I understand it, is that the DoD budget amounts to only a small percentage (4%?) of GDP. But it does amount to 15% of the federal budget. I find it hard to believe that cutting the defense budget would not be good - quite good - for our economy.

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