Why Are U.S. Troops Still in Korea?

There are many reasons why the U.S. government is in the red.  One of the most important is because Washington insists on defending so many of its prosperous and populous allies around the world.  They are the international version of Ronald Reagan’s famed “welfare queens.”

This year Uncle Sam is spending $3.8 trillion.  Upward of $1.65 trillion of that will be borrowed, an incredible 40% or more.  About $700 billion is going to the military, twice as much in real terms as just a decade ago.