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The % of US GDP spent on defense has been going straight down ever since Eisenhower gave that speech about the MIC. (Another fun fact is defense companies make
by astrange 1y ago
The % of US GDP spent on defense has been going straight down ever since Eisenhower gave that speech about the MIC.
(Another fun fact is defense companies make fewer profits during war, not more. Presumably because they have to make real products instead of designing imaginary ones.)