US Global Hegemony Costs Over $1 Trillion a Year
Source: Hang the Bankers
The $1.25 trillion US national security state budget, taxpayers money wasted
May 8, 2019
In its latest budget request, the Trump administration is asking for a near-record $750 billion for the Pentagon and related defense activities, an astonishing figure by any measure.
If passed by Congress, it will, in fact, be one of the largest military budgets in American history, topping peak levels reached during the Korean and Vietnam Wars. And keep one thing in mind: that $750 billion represents only part of the actual annual cost of our national security state.
There are at least 10 separate pots of money dedicated to fighting wars, preparing for yet more wars, and dealing with the consequences of wars already fought. So the next time a president, a general, a secretary of defense, or a hawkish member of Congress insists that the U.S. military is woefully underfunded, think twice. A careful look at U.S. defense expenditures offers a healthy corrective to such wildly inaccurate claims.
Now, let’s take a brief dollar-by-dollar tour of the U.S. national security state of 2019, tallying the sums up as we go, and see just where we finally land (or perhaps the word should be “soar”), financially speaking.
The Pentagon’s “Base” Budget: The Pentagon’s regular, or “base,” budget is slated to be $544.5 billion in Fiscal Year 2020, a healthy sum but only a modest down payment on total military spending.
As you might imagine, that base budget provides basic operating funds for the Department of Defense, much of which will actually be squandered on preparations for ongoing wars never authorized by Congress, overpriced weapons systems that aren’t actually needed, or outright waste, an expansive category that includes everything from cost overruns to unnecessary bureaucracy. That $544.5 billion is the amount publicly reported by the Pentagon for its essential expenses and includes as well $9.6 billion in mandatory spending that goes toward items like military retirement.
Among those basic expenses, let’s start with waste, a category even the biggest boosters of Pentagon spending can’t defend. The Pentagon’s own Defense Business Board found that cutting unnecessary overhead, including a bloated bureaucracy and a startlingly large shadow workforce of private contractors, would save $125 billion over five years. Perhaps you won’t be surprised to learn that the board’s proposal has done little to quiet calls for more money. Instead, from the highest reaches of the Pentagon (and the president himself) came a proposal to create a Space Force, a sixth military service that’s all but guaranteed to further bloat its bureaucracy and duplicate work already being done by the other services. Even Pentagon planners estimate that the future Space Force will cost $13 billion over the next five years (and that’s undoubtedly a low-ball figure).
In addition, the Defense Department employs an army of private contractors — more than 600,000 of them — many doing jobs that could be done far more cheaply by civilian government employees. Cutting the private contractor work force by 15% to a mere half-million people would promptly save more than $20 billion per year. And don’t forget the cost overruns on major weapons programs like the Ground-Based Strategic Deterrent — the Pentagon’s unwieldy name for the Air Force’s new intercontinental ballistic missile — and routine over payments for even minor spare parts (like $8,000 for a helicopter gear worth less than $500, a markup of more than 1,500%).
Then there are the overpriced weapons systems the military can’t even afford to operate like the $13-billion aircraft carrier, 200 nuclear bombers at $564 million a pop, and the F-35 combat aircraft, the most expensive weapons system in history, at a price tag of at least $1.4 trillion over the lifetime of the program. The Project On Government Oversight (POGO) has found — and the Government Accountability Office recently substantiated — that, despite years of work and staggering costs, the F-35 may never perform as advertised.
And don’t forget the Pentagon’s recent push for long-range strike weapons and new reconnaissance systems designed for future wars with a nuclear-armed Russia or China, the kind of conflicts that could easily escalate into World War III, where such weaponry would be beside the point. Imagine if any of that money were devoted to figuring out how to prevent such conflicts, rather than hatching yet more schemes for how to fight them.
Base Budget total: $554.1 billion
The War Budget: As if its regular budget weren’t enough, the Pentagon also maintains its very own slush fund, formally known as the Overseas Contingency Operations account, or OCO. In theory, the fund is meant to pay for the war on terror — that is, the U.S. wars in Afghanistan, Iraq, Somalia, Syria, and elsewhere across the Middle East and Africa. In practice, it does that and so much more.
Please go to Hang the Bankers to read the entire article.
“Washington prints $900,000 of debt every minute just to buy what it can’t afford. That’s funny money.” — Paul Glover
Have a look at the US debt clock:
Considering the material above on the Pentagon, who can forget L. Fletcher Prouty on the “Secret Team” and the Pentagon.
The US is demonstrating the end of its global hegemony backed with a “defense” budget of over $1 trillion.
A “credible Iran threat” sent to the White House from Israel.
Here’s the threat:
So, who wants to go to space? The US Air Force needs $2 billion more.