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> Even the military budget is mostly payroll or operations (only 18% is procurement going to defense contractors) Not in a privatized defense environment where
by zrn900 3y ago
> Even the military budget is mostly payroll or operations (only 18% is procurement going to defense contractors)
Not in a privatized defense environment where things are marked up 4000%. Yeah, you read that right.
- tptacek 3y agoA lot of those 4000% markup stories are apparently not real, but rather accounting artifacts; they're cases where, like, a wrench bills out at $20,000, but what's actually happening is that the procurement was for a whole stealth bomber, and the cost gets spread across all the line items pro rata.
- zrn900 3y ago> but rather accounting artifacts; That is how money disappears. Like the $3 trillion that the Pentagon 'lost' and still 'cant find'.
- rayiner 3y agoThe 18% is at those marked up prices.