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Saturday, October 29, 2011

postheadericon Debunking three myths about the debt deal

Defenders of wasteful Department of Defense (DoD) spending launched an all-out assault on the truth this week. They claim the debt deal has already reduced DoD spending by $450 billion, and if spending is cut any further, a million jobs will be lost and the U.S. military will soon be no match for the unstoppable Chinese military.

Unfortunately for those spouting this “doomsday” rhetoric, the facts tell a very different story, and, as John Adams said, “Facts are stubborn things.”

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