The “military industrial complex” is tiny these days. Its a fraction of its Cold War state. Its a bit tough to reconcile that as a political interest vs the vastly greater powers in the rest of the economy.
You’ve got to be kidding us.
Tiny fraction?
There’s some people (not This Guy—please!) who’d like to know what you’re smoking.
What a load of crap.
How much money has the defense industry made producing ammo, missiles, etc. for Ukraine over the past two years?
How much will it make replacing our deplete stock of ammo, missiles, etc. because of the war in Ukraine?
How much more will it make from European countries that gave their ammo, missiles, tanks, air defense systems, etc. to Ukraine?
The defense industry is big business and its business is booming because of war we did everything we could to make happen and continue.
Agreed. This “huge” MIC people complain about can’t even produce artillery shells at the rate a country (Russia) with an economy the size of Italy is.
A somewhat different question: Was last night’s attack on Israel the largest long range drone and missile attack ever made? That seems likely to me.
The “military industrial complex” is tiny these days. It’s a fraction of its Cold War state. It’s a bit tough to reconcile that as a political interest vs the vastly greater powers in the rest of the economy.
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Ahh… the good old “it’s just a rounding error” argument. “A mere pittance.”
The real spending problem is elsewhere… “Look over there …SQUIRREL, SQUIRREL, SQUIRREL!