Americans of all stripes have had enough of massive Pentagon budgets and want significant cuts in defense spending, according to new survey data released on Monday.Mitt Romney must be living in some kind of alternate universe. He sees a need to increase military spending. That stance is going to cost him plenty of independent votes, and I believe the election.
In Republican and Democratic districts across the country, 74 percent and 80 percent of respective voters said they want less defense spending, the study found.
On average, voters indicated that they wanted a budget for fiscal 2013 that would be nearly 20 percent less than current defense spending.
With $645 billion enacted for total defense spending this year, the average voter’s preferred budget for next year, an 18 percent cut, would translate into a $116 billion savings—money lawmakers trying to balance the budget could sorely use.
“The idea that Americans’ would want to keep total defense spending up so as to preserve local jobs is not supported by the data,” said Steven Kull, director of the Program for Public Consultation, which conducted the survey with the Stimson Center and the Center for Public Integrity, a nonprofit investigative journalism group.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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