Quote:
Originally Posted by stilleto69
Ah, but remember when it comes to the Government "Who cares how much it's going to cost, think of all the jobs it will create."
I mean if you really want to look at it the government would just pass an Appropriation Bill, and worry about the 'cost' later. In their eyes the increased weapon production means jobs in their community "Bringing home the Pork".
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I just did a few calculations of continued Reagan era spending, inflation adjustment, and the Current stimulus/Bank Bailout Packages. By my calculations if a theoretical Reagan Republican Legislature was willing to make the similarly sized fiscal decisions they are being made currently (for bank bailouts and stimulus package) the Military Budget could have been expanded an additional 29% beyond the Reagan Levels during the 1985-1996 fiscal years.
In my mind that establishes the theoretical upper limit of what could be accomplished. Just as today's excessive spending is starting to see significant political resistance (even with a single party in charge), I believe the same would have been seen then.
Not that I feel that is likely (the Republican legislature part occuring that early seems really far fetched), but I always like to start with a maximum or minimum limit to make sure I don't pass it.