The U.S. has become a war capitalist state
Thus following the collapse of the Soviet Union, the Neocons’ militarist agenda has helped to transform America into a War Capitalist State. Fifty-three cents of every dollar of discretionary spending goes to war and related.
This nation, with a GNP of about $22 trillion is saddled with about $28 trillion in red ink. Some 20 years ago, black ink exceeded red ink about two-to-one. But with the Bush, Obama and Trump administrations, red ink has soared as war spending, together with undeserved tax breaks for America’s royalty and accompanying forms of national looting has progressed without respite. Corporate socialism based on the moniker, “Making Society Work for the Few,” is succeeding beyond the wildest dreams of America’s tinseled aristocrats. Readers should turn the pages of Frederic Clemson Howe’s 1906 literary effort,