Budget Battles
Brad DeLong has a howling rant against the Fiscal Times this morning, apparently because he's outraged that the Washington Post's ombudsman opined on Sunday that it was ok for the Post to run occasional stories on fiscal policy from the FT.
Full disclosure: I have a vested interest here, because I have signed on as a paid contributor to the Fiscal Times and will writing on a semi-regular basis for it in the months ahead.
Higher mlitary spending or more Blackwaters are on the way. That's the inevitable conclusion from today's "Budget Battles" on nationaljournal.com.
Here's the key point: the increased use of expensive contractors was inevitable given the federal budget politics that encouraged the White House and Capitol Hill to underestimate the military threat to the United States and the forces needed to deal with it so that lower costs could be projected.
This morning's "Budget Battles" on nationaljournal.com can be found here.
