Name: Robert Reich: The Military-Industrial Drain
Uploaded: 2019-08-12T16:32:45.000Z
Duration: 4 min 21 s
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As Trump stokes tensions around the world, he's adding fuel to the fire by demanding

It's a dangerous military buildup intended to underwrite endless wars and enrich defense contractors

while draining money from investments in the American people.

President Dwight D. Eisenhower once noted, "Every gun that is made, every warship launched,

every rocket fired signifies, in the final sense, a theft from those who hunger and are

not fed, those who are cold and are not clothed."

Eisenhower was a Republican and a former general who helped win World War II for the Allies,

and yet, he understood America's true priorities.

But Washington–and especially Trump–have lost sight of these basic trade-offs.

Since 2001, the Pentagon budget has soared from $456 billion–in today's dollars–to

$700 billion, including the costs for the wars in Iraq and Afghanistan and other national

All told, when you include spending on the military and war, veterans' benefits, and

homeland security, military-related spending now eats up 67% of all federal discretionary

According to the 2018 Military Balance report by the International Institute of Strategic Studies,

the United States already spends more on the military than the next 10 nations

Even if the Pentagon budget were cut in half, the United States would still outspend China,

The military budget has become bloated with waste and abuse.

According to the Pentagon's own internal figures, the department could save at least $125 billion

Out-of-control defense contractors also drive up spending.

In coming years, cost overruns alone are projected to reach an estimated $484 billion.

Despite all this, some still argue that military spending is necessary to support good-paying

America would be much better served by a jobs program that invested in things we really

need – like modern roads and highways, better school facilities, public parks, water and

sewer systems, and clean energy–not weapons systems.

The biggest reason for increases in Pentagon spending is the incredible clout of the

military-industrial-complex–Eisenhower's term.

Every year, defense contractors spend millions of dollars on lobbying and campaign contributions

to keep federal dollars flowing their way.

More than 80% of top Pentagon officials have worked for the defense industry at

some point in their careers, and many who are in government now

will go back to work in the defense industry.

Since taking office, Trump has increased military spending by more than $200 billion.

Let's take a second to look at how else that $200 billion could be spent.

offer free public colleges and universities, as proposed by Bernie Sanders,

AND fund the Children's Health Insurance Program

AND expand broadband internet access to rural America,

AND meet the growing needs for low-income housing, providing safe living conditions

AND help repair the physical devastation in Puerto Rico after Hurricane Maria.

Spending more on bombs and military machinery funnels money away from the American people

It's time to rein in Pentagon spending and Trump's endless war machine and demand investment