It would, IF we cut our spending!
Our military costs should be cut to a level that would allow us to defend the US from attacks but with enough room to allow purchase of developments for future needs.
It does not need to include every possible, conceivable piece of military hardware that a used-car salesman slips into a Congressman’s pocket.
More importantly, you want real, American economic growth? Stop funding all the research for every single possible, conceivable piece of military hardware that the military doesn’t want nor ask for - as we do today.
Some engineer makes a suggestion, some arms-dealer calls a Congressman and VIOLA - the US Government opens a spigot of cash to start developing something that we might, maybe, could possibly sale to the military, some billions of dollars later.
Let’s do it the old fashion way, see the Thompson Submachine gun - developed and sold completely in private!
No argument from me, but still won’t happen.
“Our military costs should be cut to a level that would allow us to defend the US from attacks but with enough room to allow purchase of developments for future needs.”
The military budget is a fairly small percentage of Federal spending. Entitlements are the big problem, and it’s a tough sell to cut them.