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Saturday, March 29, 2014

Big Bucks for Big Bangs

The international capitalist class may lament a world-wide recession, but it does not curb their lavish military spending.'The U.S. Air Force is "holding tight" to a target of $550 million for each new long-range bomber in a fleet of up to 100 aircraft, excluding research and development costs, an Air Force official said on Tuesday. ...... The Air Force planned to spend nearly $12 billion on the bomber program over the next five years, said spokesman Ed Gulick.' (Reuter, 11 March) Some members of the capitalists class in US may regret the state spending on welfare or health programmes but their is not much reluctance when it comes to armament expenditure.

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