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www.thecarpetbaggerreport.com...
A couple of weeks ago, John McCain talked about the importance of increasing the size of the U.S. military. To entice more volunteers, he said, the government should focus on incentives: “[O]ne of the things we ought to do is provide [the troops with] significant educational benefits in return for serving.”
A few days later, McCain announced that he opposes a bipartisan measure to renew and expand the GI Bill for a new generation of veterans. Sen. Jim Webb (D-Va.), the leading proponent of the modernized GI Bill, called McCain out.
McCain’s argument is that if the government makes college more affordable for the troops, they might be inclined to leave the military, rather than re-enlist. Webb, who said McCain is “full of it,” has argued that a) the troops deserve better educational benefits; and b) it might help with military recruiting if people knew they could go to college after their service.
Who’s right? Faiz at TP reports on the latest Congressional Budget Office analysis, which sets the record straight.
While the report explains that troop retention will decline because some troops will take advantage of their new education benefits, the loss in retention will be entirely made up for by increased military recruits:
“Literature on the effects of educational benefits on retention suggest that every $10,000 increase in educational benefits yields a reduction in retention of slightly more than 1 percentage point. CBO estimates that S. 22 (as modified) would more than double the present value of educational benefits for servicemembers at the first reenlistment point — from about $40,000 to over $90,000 — implying a 16 percent decline in the reenlistment rate, from about 42 percent to about 36 percent. […]
“Educational benefits have been shown to raise the number of military recruits. Based on an analysis of the existing literature, CBO estimates that a 10 percent increase in educational benefits would result in an increase of about 1 percent in high-quality recruits. On that basis, CBO calculates that raising the educational benefits as proposed in S. 22 would result in a 16 percent increase in recruits.”
Yep, McCain really is full of it.
Alright, it's nice to see that folks are posting about things they know nothing about on ATS again.
Originally posted by Karlhungis
Someone who served 30 years would be offered retirement pay and medical for the rest of their lives, plus college benefits.
Originally posted by bigbert81
And it's nice to see overly egotistical people coming on here to insult others with insults they THINK are original and clever, yet end up making themselves look like they're just trying to be cool.
Originally posted by bigbert81Experience is definitely a good thing, but to deny these soldiers a better education because retention rates would drop by 16%, even though they would be mostly offset (by 16%) is wrong.
Originally posted by bigbert81
I find it shocking that threads calling Obama a Muslim terrorist and downing him for not wearing flag pins seem to do so well,
McCain is a tool.
even though Bush will go down in history as the worst president ever.
McCain really is too old and his mind has apparently stopped working.
Originally posted by Unit541
He's a hero? Wait 'till the general election, I have a feeling we're all going to learn a lot about Mr. McCain. Obama is a liar to be sure, but I wouldn't be so quick to pat McCain on the back. Are the hookers and gourmet meals at the hilton what make him a hero?
Originally posted by Unit541I think I'll be writing my own name in come November.
Originally posted by Unit541
the only reason anyone could support John McCain for president
Originally posted by jerico65
You lose three NCOs, gain five Privates/Airman/Sailors. You've just lost 4+ years of experience and gain five guys that have to be trained to be back up to the levels of the guys you just lost.