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Archives by date > 2013 > January > 31st

Britain’s Defence Equipment Plan

Jan 31, 2013 17:33 UTC

HMS Diamond & Sea King ASaC

Through a glass, darkly

As part of the current coalition government’s defence reform efforts, the UK Ministry of Defence has begun issuing a bare-bones 10-year equipment plan of expected budgets, and graphics of planned expenditures by category. A fuller plan is submitted to Britain’s National Audit Office for review. The plan itself is a step forward, and so are some of its underlying practices. Even if the document as a whole falls short of being a useful contribution to public debate.

Summaries of some key changes, and information, can be found below.

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Rapid Fire Jan. 31, 2013: Feds Uncertain Why They’re Spending Less

Jan 31, 2013 10:20 UTC

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  • Alan Krueger, Chairman of the Council of Economic Advisers (to the White House), on the reason why US GDP contracted by 0.1% in Q4 2012:

“Federal defense purchases declined at an annual rate of 22.2 percent in the fourth quarter of 2012, the largest quarterly decline in 40 years. A likely explanation for the sharp decline in Federal defense spending is uncertainty concerning the automatic spending cuts that were scheduled to take effect in January.”

Emphasis on “likely” is ours: you would think advisers to the executive branch of the federal government would know for sure why it is spending less in response to a budget situation that it co-authored with Congress.

  • Senator Hagel’s confirmation hearing with the Senate’s Armed Services Committee is unfolding today, 9:30am-noon ET. In his opening statement, new Ranking Member Jim Inhofe (R-OK) confirmed that he thought Hagel was “the wrong person” for what Inhofe characterized as a record of appeasement of the United States’ enemies. C-Span video.

Continue Reading… »
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