Even during what conservative hawks insist on calling "America’s holiday from history," the Clinton 90s, the country never stopped spending Cold-War levels of money on the military. Meanwhile, the US is now spending more than ever to prosecute relatively tiny wars whose merits are contestable at best. See that little ledge all the way to the left of the graph? There’s your reasonable level of defense spending for a country - this one - that faces no serious threats. See the difference between what we’re actually spending and what we were spending then? There’s your infrastructure budget or health care reform or, God Help Us, capital-gains tax cut package as suits your fancy. http://highclearing.com/index.php/archives/2008/12/06/8976
at what level did President Eisenhower give his farewell speech warning us against the "military-inustrial complex"?
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