Financial Times FT.com

John Dizard: Blood money could be good money

By John Dizard

Published: February 13 2006 21:00 | Last updated: February 13 2006 21:00

Across the ideological spectrum, the US defence budget announced a week ago has been reviled for a continued emphasis on the procurement of huge, technologically ambitious weapons systems at the expense of “boots on the ground” and improvements in existing equipment.

At a time when the rest of the federal budget is being restrained to accommodate tax cut extensions, the Pentagon will be getting an 8 per cent increase in weapons expenditures for a total of $84bn or more.

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