Re:GE is laying off 20% of its workforce devoted to onshore ...
by ethbr0 on Friday October 07, 2022 @07:47AM
(#33119979)
> fiscal policies of Clinton were in favor of long-term stability (e.g. specifically his tax policies and balancing the budget)
Of special note, the two BRAC rounds that were conducted under his presidency (93, 95), as well as one under H.W. Bush (91) and one under Reagan (88), substantially reduced the number of extraneous, pork barrel military bases across the US.
The 1988-2001 US defense budget decreases made a lot of hard and politically unpalatable choices that were fiscally responsible.
And since the US budget is ~15% DOD, that addressed a big chunk.
Of special note, the two BRAC rounds that were conducted under his presidency (93, 95), as well as one under H.W. Bush (91) and one under Reagan (88), substantially reduced the number of extraneous, pork barrel military bases across the US.
The 1988-2001 US defense budget decreases made a lot of hard and politically unpalatable choices that were fiscally responsible.
And since the US budget is ~15% DOD, that addressed a big chunk.
https://en.m.wikipedia.org/wiki/Base_Realignment_and_Closure