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don't they plan to cut defense spending? Where's the gold, competing with Lockheed?
by fir3dvst 2y ago
don't they plan to cut defense spending? Where's the gold, competing with Lockheed?
- DrillShopper 2y agoThey'll never cut defense spending. That's where the most grift and corruption are, and that's the bread and butter for any politician to horse-trade for what they want.
- rufus_foreman 2y ago>> They'll never cut defense spending Military expenditure (% of GDP) - United States: https://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS?locations=US https://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS?locat.... They often cut defense spending.
- _aavaa_ 2y agoIf we switch from % to absolute terms you can see it is almost always up and to the right.
- rufus_foreman 2y agoIf the US never cuts defense spending, how did it go from 752 billion in 2011 to 633 billion in 2015?
- _aavaa_ 2y agoI did say “almost always” goes up and the to right. Look at the graph. Sometimes there may be year over year decreases, but the trend is very firmly up and to the right.
- rufus_foreman 2y ago>> I did say “almost always” goes up and the to right The post I responded to said "They'll never cut defense spending".
- financetechbro 2y agoAs per the other commenter. How do you rationalize this? https://data.worldbank.org/indicator/MS.MIL.XPND.CD?locations=US https://data.worldbank.org/indicator/MS.MIL.XPND.CD?location...
- DrillShopper 2y agoI think we're talking about a different "they". I'm talking about the Trump administration. They ran on strong foreign policy, want to use the military to deport people, and are ramping up to deal with China. If you take a look at the graph you linked you'll see for the years in Trump's first term (2017 through the end of the time sequence data in 2023) that it goes up (after starting 2017 down as a result of the previous year's budget) year on year, not down.
- deleted 2y ago[deleted]
- soco 2y agoBeing bought by Lockheed.