And the Budget's Red Glare

Proponents of downgrading our defense establishment like to paint it in terms of wanting to bolster our economy and other non-defense components of power. The implication is that they will strengthen the foundation upon which we can build our defenses. Failure to build that foundation, by contrast, will make our national security falter despite higher spending that we will increasingly be unable to afford.

Well, if the friends of Barney Frank get their way, we'll reduce defense spending. But by using that foundation argument as an excuse to spend more on social programs, we'll destroy the foundation, too (tip to Instapundit):

I hope the White House is paying attention to the latest annual Congressional Budget Office Long-Term Budget Outlook, which offers a truly frightening picture of the scale of America’s national debt, with huge implications for the country’s future prosperity. According to the non-partisan CBO, “the federal government has been recording the largest budget deficits, as a share of the economy, since the end of World War II”

Well, that's cheery. And these people claim they are trying to save our economic foundation. The real fireworks haven't even begun.

Here's the summary of the CBO report.