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Members of the military do not want a parade. I talked to a buddy of mine who is an active special forces soldier, and the talk amongst his constituents is that this is not a parade to honor them, this parade is only meant to honor trump. They want to be honored with better health benefits. They want to know that their families and themselves will be adequately provided for if something bad happens. This is something that government is falling short on.
A parade will cost several millions of dollars. Money that could be better spent taking care of soldiers who have been wounded in combat.
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