Unwarranted hysteria. The MIC is about 3 percent of the economy, and exists mostly in a walled garden that is separate from the domestic economy at lsrge. It is slow, backward, stupid, inefficient, non-competitive, and rife with corruption. Burn it down. Something better will arise from the rubble. Market economies abhor a vacuum, but th…
Unwarranted hysteria. The MIC is about 3 percent of the economy, and exists mostly in a walled garden that is separate from the domestic economy at lsrge. It is slow, backward, stupid, inefficient, non-competitive, and rife with corruption. Burn it down. Something better will arise from the rubble. Market economies abhor a vacuum, but the MIC is not a part of a market economy.
Unwarranted hysteria. The MIC is about 3 percent of the economy, and exists mostly in a walled garden that is separate from the domestic economy at lsrge. It is slow, backward, stupid, inefficient, non-competitive, and rife with corruption. Burn it down. Something better will arise from the rubble. Market economies abhor a vacuum, but the MIC is not a part of a market economy.
https://www.csis.org/analysis/why-us-defense-industrial-base-so-isolated-us-economy
Money to be made, wars to be sought. Yeah, sounds good to moi........