Last month the AP reporter erroneously cited the cost of the wars in Iraq and Afghanistan as a "major factor" explaining why "the deficit has widened."In a quick review of the related June 2009 Monthly Treasury Statement, I cited three examples of higher spending in other areas of government that were larger than last year, both in dollar and percentage terms, than the $33 billion, 7% increase in total defense spending.
NB commenter Arminius further pointed out that
"Our military spending amounts to 5 percent of GDP. Iraq and Afghanistan amount to 15 percent of that 5 percent."
Obviously, as Tom notes, larger culprits are responsible for the massive deficit:
"It's simply not possible that the two wars can be a major factor."
No matter --This month Crutsinger did it again...
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