“There are few better ways of appreciating how the Republican Party has transformed in the last two years from a party of defense hawks to a party of deficit hawks than tracking how the sequester has turned from a threat to the nation’s defenses to an unparalleled opportunity to bring the government to heel. The whole panoply of vested interests surrounding defense that has ensured that federal spending on guarding our shores and keeping tyranny at bay has, since Eisenhower, become the main Keynesian engine of economic growth. Does the hushed response to this most profound assault upon defense spending mean the end of Keynesian militarism?”
http://blogs.reuters.com/nicholas-wapshott/2013/03/15/has-military-keynesianism-come-to-an-end/
Related posts:
'Copblock' wiretap case goes to court in Manchester
Protest over Taiwanese military conscript’s death draws 100,000
Senators push bill to replace Fannie, Freddie with national mortgage insurance
Four suspected Egyptian militants killed in first confirmed Israeli drone strike
FAA chief: Don't fear the Reapers (or Predators, Global Hawks, other drones)
Boy, 6, gets detention for Lego gun on bus
Whirlpool profits strangled by the tariffs it once supported
Julius Bär bank clients now targeted in US tax probe
Britain to submit UN resolution on Syria
Red Cross chief: Syria needs humanitarian aid, not just military threats
Indian government now snooping on SMSs, online chats
Tax Collectors Are Going After Netflix, Airbnb, Uber, Burning Man
Russia Will Probably Hold Rates After Surprise Inflation Jump
FIDO: How a computer vest can help dogs 'talk'
Washington state pot regulators favor outdoor growth for environmental reasons