Sunday, January 4, 2015

F-35 and Military Spending

We are experiencing the same effect that killed the Soviet Union, as military spending crowded out domestic.  In our case, though, it is not a technologically superior foreign enemy driving the excess, but simply the need for quarter-over-quarter increases in profit for the military-industrial complex. 

The advantages provided by the F-35 could have been gained with a much lower investment, but for a number of factors.  The arcane rules that require different specifications for the various service branches added incredible complexity and cost to place on a single platform.  Obviously the revolving door between the senior ranks of the military and the executive ranks of the contractors who serve them provide a powerful disincentive to those who would do anything to risk profitability.  Combine these with the Keynesian benefits to a local economy of the engine provided by a sealed military contract—and the strategic way in which savvy military contractors target the Congressional districts in which they locate development and production—and you have an irresistible recipe for an intentionally expensive military budget.  


Once built, these weapons can’t just sit in warehouses and hangars, so—as with the boy and his new hammer, to whom everything looks like a nail—we seem to find ourselves irresistibly drawn into a steady stream of conflicts.   

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