Depth of Defence

Yesterday's Daily Commentary from the Royal Aeronautical Society makes depressing reading.  Howard Wheeldon writes:

"Suggestions in recent weeks that HM Treasury is pressurising for a further 7.7% cut in defence spending over the five-year period 2016-2021 would, if correct, be at complete odds with a clear need to increase spending on defence and the unambiguous promise from the Prime Minister, David Cameron, made at the time SDSR 2010 defence cuts were announced, that real time spending on defence would rise by 1% annually through the following 2016 -2021 period."

He later points out that spending on defence in 2015 will fall well short of what we are currently paying to service the National Debt.

Meantime, in what appears to be the economic policy of the mad house, we continue to borrow money to pour into the sacred NHS, Education, Welfare and, of course, Overseas Aid.