Christopher A. Preble. “I’m not one who is going to stand before you and say we should cut the defense budget.” “I’m for making sure that America remains.

Slides:



Advertisements
Similar presentations
Principles of collective security. “Collective security was not widely understood to involve entanglement or risks, or even to be the basis for the defense.
Advertisements

The Congress, the President, and the Budget: The Politics of Taxing and Spending.
Alliance Economics and US Military Presence Overseas (Note Title Change, now submitted to Journal of Peace and Defence Economics) Cameron M. Weber cameroneconomics.com.
The Economics of National Security Lesson 3. How Much Would You Be Willing to Pay? You are the owner of a coffee shop in a dangerous part of town. The.
FOURTH ANNUAL FEDERAL ENERGY WORKSHOP & DEFENSE ENERGY PARTNERSHIP FORUM | PAGE 1 State of the Federal Budgetary Environment Kim H. Burke Jones Lang LaSalle.
“Why the U.S. Can and Should Cut Military Spending” The National Security Forum Reno, Nevada November 13, 2012 Christopher Preble.
The 2007 National Defense Budget and the QDR: Old Wine, Bigger Bottle Winslow T. Wheeler Director, Straus Military Reform Project Center for Defense Information.
What is the National Debt? The United States government usually spends (expenditures) more than it makes (revenue) every year. This is known as deficit.
America’s National Debt and Long-Term Outlook An Overview of the Challenge and the Implications for Young People March 2009.
AP Economics Mr. Bordelon
SIPRI 2004 Military Expenditure 2003 Military expenditure and arms production project.
The Concord Coalition June 2008 Generational Outlook: The Federal Budget Now and in the Future.
UNCLASSIFIED 1 Fiscal Reality and It’s Implications for The Army Food Program Mr. John Q. McNulty Chief, Food and Liquid Logistics Headquarters, Department.
THE CONCORD COALITION presented by Jeffrey S. Thiebert, National Grassroots Director THE CONCORD COALITION
1 America’s National Debt. 2 Important Concepts What’s the difference between deficits and debt? Deficits: The annual imbalance between revenues and spending.
Barack Obama. Obama’s Inheritance 1.Two US counterinsurgency wars 2.One global war against radical Islam 3.Arab Spring 4.Rising power in China.
US Fiscal Policy Challenges to a Sustainable Fiscal Future March 2010.
The President III 9/28/2011. Clearly Communicated Learning Objectives in Written Form Upon completion of this course, students will be able to: – understand.
DEFENSE SPENDING AND AMERICA’S FEDERAL BUDGET RESEARCHED BY DOUG S COMPILED BY JAMIE W MR. BOURJAILY’S 5 TH PERIOD.
Tax Policy Fiscal Context and Economic Concepts Molly Sherlock Washington & Lee University January 23, 2015.
CHAPTER 1 Introduction Copyright © 2010 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
FFI Forum, Oslo Militære Samfund, 26 May Russian defense outlays before and after the financial crisis Vasilii Zatsepin The Institute for the Economy.
 Approx 1.4 million men and women serve on active duty  Air Force, Army, Navy, Marine Corps and Coast Guard  These troops support the nation’s military.
Chapter 18 Economic Policy. Copyright © 2011 Cengage WHO GOVERNS? WHO GOVERNS? 1.Who in the federal government can make our economy strong? 2.Who was.
Copyright McGraw-Hill/Irwin, 2002 Deficits, Surpluses, and Debt The Public Debt Ownership of the Public Debt Substantive Issues The Crowding Out.
WHERE DO YOU STAND?. Directions For each of the following topics, write down the number next to the statement that best describes you. You may only write.
Presidential Budget  What is the difference between the deficit and the debt?  Deficit: annual gap between what the government collects (tax revenues),
Can America Govern Itself? Deficits, Debt, and Delay Ron Haskins Senior Fellow, The Brookings Institution Senior Consultant, The Annie E. Casey Foundation.
Presented by Robert L. Bixby, Executive Director The Concord Coalition Daunting Budget Outlook United States Naval Academy March.
The Congress, the President, and the Budget: The Politics of Taxing and Spending Chapter 14.
State Fiscal Outlook: Minnesota and the Nation ONE MINNESOTA January 25, 2012 Scott Pattison Executive Director National Association of State Budget Officers.
Thomas Jefferson and James Madison Mr. Blais Foundations of America.
1 Restoring Fiscal Sanity: Meeting the Long-Run Challenge April 14, 2005 Alice M. Rivlin and Isabel Sawhill, editors Henry J. Aaron, William G. Gale, Ron.
Sources of Federal Revenues
THE CONCORD COALITION presented by Robert L. Bixby, Executive Director THE CONCORD COALITION Fiscal Future:
The President III 2/16/2012. Clearly Stated Learning Objectives Upon completion of this course, students will be able to: – understand and interpret the.
Certificate in Global Environment and Development Joint Certificate between ENVS and IAFS  ENVS IAFS 1000 (8 hours)  ENVS 3000 level and IAFS.
Presented by Phil Smith, National Political Director The Concord Coalition December 3, 2008 La Grange,
The Congress, the President, and the Budget: The Politics of Taxing and Spending.
Fiscal Policy and the AD-AS Model Real Domestic Output, GDP Price Level AD 2 Recessions Decrease Aggregate Demand AD 1 $5 Billion Additional Spending.
Policy Matters Ohio Instructions for the Super Committee: a balanced approach to debt reduction That does not increase poverty.
The Constitution Created in How did the Constitution create a ”more perfect union”? 1.A Federal System was adopted ( Federal Government) a system.
THE CONCORD COALITION presented by Robert L. Bixby, Executive Director THE CONCORD COALITION Fiscal Solutions.
North Carolina Federation Convention May 7, 2014 Legislative Update Jessica Klement Legislative Director.
The 21st-Century United States Politics & Leaders.
Presented by The Fiscal Wake-Up Tour The Concord Coalition Robert L. Bixby, Executive Director
CHAPTER 1 Introduction Copyright © 2010 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Why Deficits Matter And What We Could Do About Them Isabel Sawhill, Senior Fellow, Brookings Institution June 2008.
THE CONCORD COALITION presented by Robert L. Bixby, Executive Director THE CONCORD COALITION Pitfalls.
Department of Defense Budget APEX Strategic Priorities The Quadrennial Defense Review – the first conducted in an era of global terrorism – continues.
THE CONCORD COALITION presented by Robert L. Bixby, Executive Director THE CONCORD COALITION Fiscal Future:
The New Defense Budget: Any “Help on the Way?” Winslow T. Wheeler Director, Straus Military Reform Project Center for Defense Information February 2007.
Ch. 23 Government & the Economy Standard EE. How does the Govt help the needy??? What is: WIC Welfare Unemployment Social Security Income.
Module 30 focuses on Fiscal Policy. 1. How does the Government Stabilizes the Economy? The Government has two different tool boxes it can use: 1. Fiscal.
Copyright McGraw-Hill/Irwin, 2005 Deficits, Surpluses, and Debt The Public Debt Ownership of the Public Debt Substantive Issues The Crowding Out.
Social Welfare Policymaking Chapter 18. The Social Welfare Debate Two main types: – Entitlement programs: Government benefits that certain qualified individuals.
Center on Budget and Policy Priorities cbpp.org Deficits Have Fallen Sharply Since Recession.
Foreign and Defense Policymaking Chapter 20. American Foreign Policy: Instruments, Actors, and Policymakers Instruments of Foreign Policy – Three types.
The Federal Budget Ever expanding.. Borrowing money and the Federal Debt.  When the gov’t needs to borrow money the Treasury Dept. sells bonds guaranteeing.
ECONOMICS: Principles and Applications 3e HALL & LIEBERMAN © 2005 Thomson Business and Professional Publishing Fiscal Policy: Taxes, Spending, and the.
Barack Obama. The Next President 2008 Presidential Campaign On June 3, 2008 gained the primary election and became the Democratic candidate for Presidency.
Budgets. Definition A budget is a plan for a business organisation for a future specified time period, covering specific business activities and expressed.
REPUBLIC OF BULGARIA MINISTRY OF FINANCE CURRENT CHALLENGES IN BUDGET REFORM SOFIAMR. LYUBOMIR DATZOV 03 DECEMBER 2004DEPUTY MINISTER
____ 1) Which state’s voting results were key to determining the winner of the 2000 presidential election? a. Ohio b. Iowa c. Texas d. Florida 2) What.
Center on Budget and Policy Priorities
Defense Spending Will Likely Be Reduced
The Need for an International Regime on Conventional Arms:
Chapter 18 Economic Policy.
Barack Obama.
The Better America Party
Presentation transcript:

Christopher A. Preble

“I’m not one who is going to stand before you and say we should cut the defense budget.” “I’m for making sure that America remains the world leader, not becoming second or third or fourth in the list.”

Source: IISS, The Military Balance 2011

Source: U.S. State Department “World Military Expenditures and Arms Transfers” Database

Sources: IISS, The Military Balance ; 2011

Source: The Budget for Fiscal Year 2011, Historical Tables, Table Composition of Outlays: , pp

Source: The Budget for Fiscal Year 2011, Historical Tables, Table Composition of Outlays: , pp Figures in billions of constant FY 2005 dollars.

Data compiled by Winslow Wheeler, Straus Military Reform Project, Center for Defense Information. Figures in billions of constant FY 2011 dollars.

An emerging consensus – – We must cut spending, and DoD should not be exempt A dispute over how to cut – – Improving efficiency and eliminating waste doesn’t get you very far Real cuts are feasible – – Politically and strategically, if we refocus our goals

At least four false, expensive, and bipartisan assumptions inhibit spending cuts. – – Alliances distribute our defense burden rather than adding to it. – – Counterterrorism requires counterinsurgency, and we can master counterinsurgency. – – Primacy pays; we should try to run the world. – – Security threats are imminent, and require urgent attention and persistent global presence.

“War made the state and the state made war” – – Charles Tilly War is still “a friend of the state” – – Milton Friedman Libertarians should treat war “with great skepticism” – – David Boaz

The Founders were right – – “Defence against foreign danger have been always the instruments of tyranny at home.” (Madison) – – “This system will not hurry us into war.” (James Wilson) Sen. Barack Obama was right – – “Stopping an actual or imminent threat” Pres. Obama (and Sen. McCain) are not

Christopher Preble Director of Foreign Policy Studies Cato Institute