Comment by wuliwong
Ah the broken window fallacy.
Ah the broken window fallacy.
Ready for what? War with China or Russia? Do you really think multibillion dollar aircraft carriers are what would win that war?
I don’t want a trillion dollars a year to spent so that the pentagon can have whatever it wants
I don't either, and I don't want a war with either Russia or China nor do I want the slow escalation that is currently happening. But the political reality is that the US will not be decreasing defense spending any time soon. There's no voting this situation away.
No actually, that's about the opportunity cost of war. There's a left-wing argument I frequently see that the US finds wars to increase profitability but I'm talking about the propping up of firms to keep the industrial capacity ready. It is not the most productive use of capital, but it is productive.