At 06:43 PM 2/19/97 -0800, you wrote:
>As a practical matter, now is not a bad time to 
>resume demands for defense spending reductions.  
>The latest Brookings "Setting Nat'l Priorities" 
>has a useful study suggesting the defense budget 
>could very safely be brought down to $200 billion 
>in five years, and with some cooperative 
>agreements with Russia and others, that figure 
>could be considerably lower.  The point here is 
>not to take as sacred what Brookings says about 
>national security, but to exploit a proposal 
>from a non-radical source to knock a good chunk 
>off the defense budget.  

The other reason to do it now is to try to hook it to the issue of
"corporate welfare" (are there any defense cows, like the B-2, in that
coalition's proposal?).  For ex, what the hell are we doing paying for a
_merger_ between defense companies?  Hitting this kind of abuse may not
save us a huge amount of money, but it might create the political climate
that would make serious cuts in defense possible.

>Of course, when an asteroid exceeding 
>about 2 mi. in diameter hits the earth, it will 
>have paid to borrow after all, since much of the 
>consequent interest payments will be avoided.  In 
>the long run we all file for bankruptcy and 
>repudiate our debts.

I look forward to your EPI briefing paper, "Borrow Till Kablooie."

Anders Schneiderman
Progressive Communications


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