On Balance, The US Federal Government should continue its funding of the military

PlanThe United States Federal Government should privatize the US military. In this debate I shall be defending a position that is not within range that my opponent is defending from the USFG. Under this plan, the USFG will be transfering controll of the military to the private sector. Now note that before you panic, that this doesn't mean these companies are going to be causing Civil War or doing crazy things. This will all be kept under control as I will explain in this debate. Contention 1: US Debt We can’t project power from bankruptcy court. - US Senator Rand PaulToday the US debt is climbing to astronomical numbers. It is $19 trillion and climbing. This disaterous spending causes US inflation, and on top of the US debt this will cause a catastrophe for the US and nations all across the world. [1] People would have to spend more money, becuase of the inflation and with the devaluing of the dollar we can see that if I spent a dollar on the US maket in the 1960s it would be a whole lot more then if I spent a dollar on the US market today. Economist Gagnon has shown that devaluing of the US dollar caused by the inflation can lead to a massive increase in import prices and since we get many of our things from abroad it will be even harder to get that new XBox video game you were wanting. He also shown that it harms nation's holding our debt, because the value is worthless and makes other nation's not want to purchase from us. The US in turn raises the interest rates, but we cannot afford to raise them any higher. [2]Why's this you may ask? If we observe the graph bellow the US interest rate on debt alone dwarfs most of the US federal budget. The US federal debt is getting so enourmously large that the US is getting to a breaking point in economic trade to were we have to pay off a massive amount of debt or commit financial suicide and raise the interest rates. If we observe the chart bellow we can see the different rates that a our interest rates will cost the US in the future. We have no choice, but cannot decend this slippery slope and further devaluing of the US dollar will harm the American economy by forcing us to lose jobs and rely more on imports causing the the nation to slide into the interest disadvantage furthering harming our nation's economy causing a world wide economic collapse greater than that of the Great Depression and rising the inflation will cause us to go flying off the fiscal cliff. [3] This debate we have to observe Ceteris Paribus, which means with all other things constant. With the US spending continuing to spiral upwards, we will see the US default in the near future. Though many people will ask, how did we get here. The US is and has been following a famous economic system that was under John Maynard Keynes. He argued that we should spend now and constantly to create jobs and grow the economy. The key issue with this is that Keynessian economics requires deficet spending for much of it's effects to work. Keynes had only meant for this to be during times of economic crisis, but the US Federal Government has gotten into an issue that has destroyed the economy with debt. What was Keynes's solution for debt due to his spending? "In the long run, we're all dead. " [4] This means the debt is passed onto our grandchildren and their grandchildren until they collapse under the burden that we have done now. Many people talk about how much of an issue the debt is today and the fact is that it's not getting any better. If we continue this crisis then the US economy will crash. What happens when the US defaults? The markets will crash followed by large economic powers collapse. Japan, a holder of well over $1 trillion of US debt will lose this money which will lead to an economic recession of 20%. [6] Many other countries will follow suit. During 2015, the US trade decifet was $500 billion. [5] My opponent wants to balloon the current military budget by an additional $300 billion. Though this doesn't seem like much, but this would make the US budget to have just about all of it's budget military spending. The US can't afford their bills with the current budget and continous spending will collapse the US as well as the world economy. [7]Contention 2: Private MilitaryBefore you jump my case freaking out that our country will collapse, this is simply not the case. This already exists in the status quo, just in a different industry. Since the mid 2000s, the USFG has slowly been cutting down on NASA's funds and has been moving more towards the private sector, Space X. Why is this occuring? This is due to the fact that the private sector is now seeing this as a profitable means where as before there was no incentive to go to space and no profitability to go into space for the private sector. Today, the government is slowly transitioning to Space X as NASA is required to partner a lot with Space X due to their profitability. [8]Today the Private sector is already making a profit off of the current military as they are contracting with the Pentagon and making Billions off of it. Private companies already fund the most elite military team in the US, the Navy Seals. [9] The Iraq War saw the Private Sector funding a large portion of the Iraq War as they made well over $138 billion in profits. [10] Britian has taken this a step further as they have smaller private militaries which protect many overseas companies. We can see that with much of the influence that currently exists that these companies pratically own these companies. You are probably asking yourself now, how are we sure they will not go against US interests? The answer is simple. US regulations. The Constitution gives that power to Congress and makes the President Commander-in-Chief. The government has the power to regulate the military and can easily do this as they have before. Whether it was their attacks on the food and drug agency at the turn of the last century or the regulations of air traffic post 9/11, the USFG has been known to thoroughly regulate companies to death so they do what the government allows them to do. There can be many regulations the USFG could institute for this to happen, but I do not have the character limit to go into depth about it in this debate. Sources 1. (. http://www.nationalaffairs.com...) 2. (. http://www.ehow.com...)3. (. http://danielamerman.com...) 4. See video for quick guide to Keynesian economics. . http://www.youtube.com...5. (. http://www.bea.gov...)6. (. http://www.bbc.com...) 7. (. https://www.nationalpriorities.org...) 8. (. http://spacenews.com...) 9. (. http://www.commondreams.org...) 10. (. http://www.cnn.com...)