I don't believe much in the media when it comes to defence spending.I was thinking Israel could have some fun with those tanks.
As an example, we see headlines that such and such a war is costing the US x billions per day.
My question is: where is this money going? Is it to accommodate, and arm the troops? In which case will they be dismissed and arms destroyed when the war is over? If not, then what is the incremental cost of the war, and where is it going?
My second question is: money goes around in circles, so if the defence budget is xx billion, this goes to (a) troops who buy stuff and pay taxes (b) contractors who employ people who buy stuff and pay taxes. So if the defence budget is cut, what is the collateral damage?
Now, if a significant percentage of the defence budget is spent on purchasing arms from abroad, then that is 'lost money', or is it? Surely encouraging good industry and relationships with foreign powers is to be commended? So the money is not lost, it is an investment into a political future.
So when I look into the story, the defence don;t want it, but congress has bigger concerns, they are worried about shutting down a factory, loosing jobs, and all the damage caused by it, of which the military do not give a damn (they probably do, but it is not in their remit).
It's like any big company, the troops can;t always see the bigger picture.
Now, having said all that, I am a strong believer in providing goods and services that people want, and not supporting a dead duck.
So in conclusion, I wouldn't cut the defence budget, but I would reorganise it so that new investments are made, new innovative companies encouraged, and dead wood burnt. Plus make a few ginormous contracts with UK suppliers!
p.s. I drove with my family past Fort Hood ? (just past Waco), my son saw the helicopters, and said his friend's dad was CEO of the British company which makes them (which paid for his son's school fees). Same way, when I go to Dharhan I see all the US fighters being used to train Saudi pilots (am I out of date on this one?, not sure how much military equipment Saudi buys from US, I know France and UK fights like cats and dogs over contracts, and nobody plays clean).
Now here's a thought - why doesn't that nice company making these tanks which the US army says they don;t want, export them to some foreign friendly power, like Pakistan, keep the employees happy and provide some export revenue? Originally Posted by essence