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The Defense Stimulus

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01.15.2009 at 03:34am

The Defense Stimulus by Tom Donnelly at The Weekly Standard.

The politics of the current economic crisis are fluid — the Bush administration’s original diktats for bailing out the troubled financial sector and the auto industry have generated growing resistance — but it’s likely that Barack Obama will be able to produce a stimulus package quickly after his inauguration. Even House Republican leader Rep. John Boehner “believe[s] Washington has to act.” Indeed, the stimulus debate that remains was succinctly framed by his counterpart in the upper house, Sen. Mitch McConnell: “The question is: How big and in what form?”

A key part of the answer on the spending side of the equation is increased defense spending, by at least $20 billion per year, particularly on procurement and personnel. These kinds of expenditures not only make economic good sense, but would help close the large and long-standing gap between U.S. strategy and military resources. If bridges need fixing, so too do the tools with which our military fights. A critical element in any recovery will be strengthening the foundations of the globalized economy, built upon U.S. worldwide security guarantees…

More at The Weekly Standard.

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