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There are probably some economic downsides, but it’s far, far less than what you’d see based on looking at the raw spending. If most of the money is going to m
by audunw 3y ago
There are probably some economic downsides, but it’s far, far less than what you’d see based on looking at the raw spending.
If most of the money is going to modernise the US military while freeing up old stock to send to Ukraine, that’s arguably money that would eventually have to have been spent anyway.
Windows do need to be replaced eventually. If you’re replacing an unbroken window a few years before it would’ve been strictly necessary, the cost associated with that early replacement isn’t very high.
Considering how attractive US military exports are becoming, I’m not convinced that the spending is a net negative for the US economy in the long term.