Monday, April 14, 2008

Where our money goes? Military spending

According to the Office of Management and Budget, military spending for 2008 will be $583 billion and Food & Nutrition assistance is $60.2 billion. Compare the digital numbers for priorities of funding.

Washington Post,April 14, 2008 page A1: The rising prices of milk,grain and produce are hitting schools hard. Food costs unravel nutrition initiatives.

Cash-strapped schools raise prices or pinch pennies by serving more economical dishes. School officials say it is becoming harder to fill students' plates with health, low-fat foods. My comment: It is a matter of priority for the leaders to allocate funds according to the catagories as they see fit. This is election year and we need to elect leaders to pay attention to our domestic needs or the involvement of Iraq for our security. To me, an educator since 1945,school children are the future human capital and future leaders. Leaders today should pay attention to the health of children today. Limited resources shall be allocated according to the judgment of our leaders in the days to come. However,we can exercise our judgment in the election of our new President in November 2008 to change the direction of the course of action to be reflected in economics.

in China,leaders are paying attention to the Olympics this year as we are aware of their priorities for funding such international sports competition. Politics should not exist in the competition of athletes in the name of global sports. I have reason to believe that folks in the world are excited about such great sports events to be held in China starting in August 2008.

Thanks for reading my blog to be aware of the economic activities for comparisons apropos of the wellbeing re humanity.

Francis Shieh a.k.a. Xie Shihao on Monday, April 14, 2008.

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