Kudlow’s Money Politics

Dereliction of Duty?

Tough story in Time magazine about America’s broken down army.

Not enough troops, not enough money, not enough gear in order to meet the needs of the post 9/11 global war on terror. Troops are tired.

And quite simply, Pentagon spending as a share of GDP is 3.8 percent now. It was 9.8 percent at the height of the Vietnam war, 11.7 percent during Korea, and 4.4 percent in 1991 at the end of the Cold War.

Gen. Barry McCaffrey suggests inadequate financing and the other Army problems is a dereliction of duty.

I think he may be right.