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Promising Defense Budget Talk from Obama

One line that raised my eyebrows in President Obama’s speech tonight: We’ll eliminate the no-bid contracts that have wasted billions in Iraq, and reform our

Jul 31, 202036.8K Shares1.1M Views
One line that raised my eyebrows in President Obama’s speech tonight:
We’ll eliminate the no-bid contracts that have wasted billions in Iraq, and reform our defense budget so that we’re not paying for Cold War-era weapons systems we don’t use.
Why, what Cold War-era-weapons-systems-we-don’t-use might he mean? We’ll find out for sure by April, when the Pentagon budget is released. But if I was a defense contractor who wasn’t above rebranding my unused Cold War-era weapons systems as crucial for economic recovery, I’d put more money into my lobbying efforts.
Paula M. Graham

Paula M. Graham

Reviewer
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