Edmonton Sun | 24May2010 | Orest Slepokura

Cut and run

There will necessarily be deep cuts in Britain’s military spending, Eric Margolis says, given how Prime Minister David Cameron’s new government must quickly slash $240 billion in spending or risk a Greek-style financial crisis. With western economies crushed by debt loads, it’s obvious the profligate Bush-era War on Terror will undergo a cost-benefit analysis and in the end be pared back. A cadre of realists waving balance sheets heavily scored with red ink will tell us the ultimate victory we sought is unaffordable, that a swath of tax revenue will henceforth be gobbled up by the servicing of onerous debt carried by western nations. “Cut and run” will acquire a whole new meaning, while low overhead gives the jihadis their staying power.

Orest Slepokura

(That’s blind faith. Cheap to maintain, tough to challenge.)