General Discussion
In reply to the discussion: What the mainstream media and the politicians are NOT telling you about military spending [View all]ProfessorGAC
(64,801 posts)The cascade effects on the economy are now too profound for any meaningful cuts in defense.
Too many "regular" people making their income from those dollars.
Too many cities dependent upon those expenditures because they provide extra goods and services to the companies and the employees that live there.
Cuts of substance (and you better believe that i agree we spend WAY too much) will actually also show a drop in GDP because GS is already nearly 30% of it. This becomes a political trap.
That's what the MIC wanted the whole time. I don't think Eisenhower was that far ahead of the curve, but he smelled something funny. And he was right. They have become intrinsically linked to the overall economy and it's nearly impossible to do anything meaningful without harming people who did nothing wrong.
GAC