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Britain
MoD cuts: Loss of big boys' toys will change forces forever
2010-08-07
Like a catalogue shopper, for the last decade the Ministry of Defence has ticked off desired items for purchase but now that the bills are coming in we can see we cannot pay them.

The previous government left us a military debt of £72 billion – the equivalent of not paying our troops or buying equipment for the next two years. It means that from 2015, once we finish combat operations in Afghanistan, we are going to spend perhaps a decade in recovery, similar to the American recuperation post-Vietnam.
Posted by:tipper

#2  They could always drop the social-welfare state and try for more private enterprise.
Posted by: miscellaneous   2010-08-07 16:45  

#1  Barry's debts are also designed to give him and his party an excuse to gut US military spending.

Mark my word: the lame-duck administration will bring amnesty legislation and huge defense cutbacks after November.
Posted by: lex   2010-08-07 11:38  

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