No, The Military Has Not Withered Away Under ObamaRyan McMakenMises Institute Nov. 13, 2015 |
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It is common to see articles and columns in the Conservative media claiming that President Obama is engaging in “historic defense cuts.” There are claims that not in decades has the military ever endured such budget slashing. “Romney blasts Obama over military cutbacks” one headline blares. Upon closer examination of these claims, one notes that the authors are careful to never mention actual dollar amounts in context, or any meaningful historical context beyond single recent year-over-year comparisons. Read More |