Since this is a US-centric article it's worth noting that the US spends half of all federal discretionary spending (i.e. everything except Social Security or Me

Since this is a US-centric article it's worth noting that the US spends half of all federal discretionary spending (i.e. everything except Social Security or Medicare) on the military. Almost a trillion dollars a year. If even half that money were spent on an actual industrial policy we would be in much better shape. I maybe shouldn't be surprised the Vox article doesn't mention this.