HappySqurriel on 02 January 2013
At this point in time, talking about the cost of war is a waste ...
Manditory spending and interest on the debt is (roughly) equal to tax revenues, meaning all discretionary spending is debt financed. Over the next 10 years as the debt grows and interest rates on that debt increase, long before we finish funding manditory spending the government will be running a deficit. This is unsustainable and will end poorly in the next few years.
Everything else is a distraction
