The Sequester ‘Crisis’ and What Should Be Done
by
Ron Paul
Recently
by Ron Paul: When
They Came for the Raw Milk Drinkers…
Despite what
the media and politicians would have us believe, the United States
did not collapse last Friday when the package of spending reductions
known as sequestration went into effect. The financial
markets hardly blinked, as they have come to be more skeptical about
these periodic government-hyped crises.
What had been
portrayed as a drastic reduction in government spending was merely
a decrease in the projected rate of increase in government spending
over the next decade. Under sequestration, government spending increases
by $2.4 trillion over the next 10 years rather than $2.5 trillion
without it.
So we are speeding
toward collapse at only 100 miles per hour instead of 110 miles
per hour.
Some in Congress
are using the panic over sequestration to justify another surrender
of legislative authority to the executive branch. These members
want to pass the buck on prioritizing federal programs
by giving the president, cabinet officials, and high-level bureaucrats
authority to set spending priorities. However, it is Congresss
job to set priorities in federal spending.
The drafters
of the Constitution give the legislature the authority over spending
because they recognized it was a threat to liberty to allow this
power to be concentrated in the executive branch. Congresss
willingness to cede more authority to the executive should be opposed
by everyone who values liberty and limited government.
Some of the
loudest objections to sequestration have come from the champions
of the military-industrial complex. Yet under sequestration defense
spending will still increase by 18 percent over 10 years as opposed
to 20 percent without sequestration.
There are claims
that the military will face a one-time real reduction back to 2007
levels of spending, before beginning to climb again next year. That
remains to be seen. However, few claimed at the time that 2007 levels
of military spending, occurring as they did during the huge post
9/11 build-up, were inadequate.
But despite
the fact that the US spends more on military than the rest of the
world combined, we are told that even this modest, short-term reduction
would be, in the words of outgoing Defense Secretary Leon Panetta,
shameful and irresponsible. A return to
1980s levels of military spending in real dollars a
time of significant military build-up is considered outrageous
even though the US faces no Soviet Union or equivalent threat.
In fact, the
entire $1.2 trillion dollars that the sequester is supposed to save
could be realized by cutting one unneeded, wasteful boondoggle:
the $1.5 trillion F-35 fighter program. The F-35, billed as the
next generation all-purpose military fighter and bomber, has been
an unmitigated disaster. Its performances in recent tests have been
so bad that the Pentagon has been forced to dumb-down
the criteria. It is overweight, overpriced, and unwieldy. It is
also an anachronism: we no longer face the real prospect of air-to-air
combat in this era of 4th generation
warfare. The World War II mid-air dogfight era is long over.
As defense
analyst Winslow Wheeler wrote
last year:
It's
time for Defense Secretary Leon Panetta, the U.S. military services,
and Congress to face the facts: The F-35 is an unaffordable mediocrity,
and the program will not be fixed by any combination of hardware
tweaks or cost-control projects. There is only one thing to do with
the F-35: Junk it.
We
should not look for cancellation of the F-35 program any time soon,
however. The military industrial complex understands the political
necessity of spreading its military Keynesianism as widely across
Congressional districts as possible.
That is why
F-35 manufacturer Lockheed-Martin can boast on its website
that the F-35 provides 127,000 direct and indirect jobs in
47 states and Puerto Rico. What is unfortunately not understood
is that these 127,000 workers would be far better utilized producing
needed goods and services rather than treated as a jobs program
disguised as national defense.
Despite the
alarm over cuts that are not real cuts, it is clear that the US
government is not serious at all about changing its ways. In a recent
tour of the Middle East, newly-confirmed Secretary of State John
Kerry announced that the US would be sending another $60 million
to the rebels seeking to overthrow the Syrian government
in the midst of the sequester crisis!
Despite the
rhetoric, there appears no intention on the part of the government
to take our fiscal crisis seriously or abandon the idea that we
should run the rest of the world.
See
the Ron Paul File
March
5, 2013
Dr. Ron
Paul was a Republican member of Congress from Texas.
The
Best of Ron Paul
|