KEY POINTS
- Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
- Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.
Would be a good thing if it would actually happen but we all know it won’t. Happy to be proven wrong however
The military is a jobs program. It’s paying for a ton of education and scientific research too. The first thing to go is going to be the scholarships not the guns.
Would it be a good thing? A lot of our power comes from military spending
And it’s due you lose some
We spend more on our military than the next 9 countries combined not including our dark operations that we can’t account for in our budget already.
We could cut our military in half and still be the best funded military in the world.
That problem isn’t other nations, it’s the US and the military industrial complex
But we also sell a lot of that military equipment to allies, making everyone stronger and recouping some of that spending at the same time.
A quick search shows about $300b in sales last year with a spending budget about $800b. Of course, that depends on whether Ukraine survives to be able to repay its debt. But even if it can’t, all the military spending goes to US owned companies or citizens (our soldiers) which circulates in the domestic economy.
Good news, we’re about to have a lot less allies!
And sell a lot of equipment to genocide perpetrators.
Have you ever read the unclassified annual threat assessment? There is an official report the intelligence comminity puts out every year detailing what other nations are doing around the world. And that’s just what theyre allowed to tell us.
Ive read it, and if you look at what they detail out for chinas militarzation moderniation plans, theres not many reasons theyre doing what theyre doing unless to compete with the USA. Not to mention, chinas going faster than what originally was thought, and theyre becoming less reliant on other nations to do it. Thats just 1 nation. The usa has stuck its nose in too many peoples business that if they stop the arms race, there could be a lot of nations coming knocking. Weve painted ourselves into a corner (or at least have the perception of it).
Edit: all that said, theres definitely ways to be more fiscally responsible with our military spending… just look at the f35 or the sentinel program
The poor F35. Another example of why you don’t build planes by committee.
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The US shouldn’t have the power that it does, so yes. It would be a good thing.
But if the alt is china, of course the usa is a better option.
Considering how we’ve used that power in Afghanistan, Iraq, and Vietnam? Yes, its a good thing.
There was a post just a day or so ago that was basically saying it was time to buy Raytheon:D
Based???!
Good time to buy then. He already pledged to increase funding to Israel. Just need to research what company supplies the most weapons for them and invest there.
Whelp, he’s toast. The last Prez to threaten that got domed while visiting Texas.
Here’s hoping 🤞
Bush threatened that. Then 9/11 happened.
Literally was listening to NPR on the way to work that day and Rumsfield was on talking about making cuts to the military.
Came in to say the exact same thing.
Spot on. Johnson got the message and the 12 years were spent in SE Asia. In this case, the AI sector, especially Palantir Technologies, will be just as pissed off.
Well, couldn’t the M1 Abrams be replaced with cheaper Tesla cybertrucks?
“Sir, half of our swastitanks have burned to the ground.”
“Who attacked them?”
“Attacked?”
It just rained sir.
holy shit the stopped clock is on the correct time. too bad it wont actually happen
Well, even if defense spending were slashed, the current oligarchy is gutting health, education, environment, and occupational programs, so those “savings” won’t be reallocated to anything actually beneficial to society. We’ll be lucky if that money even stays in the country. We’re basically witnessing an estate sale for a deceased America.
If Trump fucks with the rich folks - those who have their hands in the pocket of our tax dollars - we’ll be talking about President Vance next week.
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HAHAHAHAHHAHA
This fuckin timeline, man…
Putler told Trump to disarm the US lol.
Oh if anyone is going to be successful in Kennedy-ing a President, it would be the military-industrial complex.
Keep cutting spending Donald, you’re doing a great job!
Please keep fucking with the defense contractors, surely they won’t take any drastic measures against you
Been saying it, dude is a gene stealers cultist trying to weaken the country.
Not in this case, surprisingly
The cutting the defense budget in half or an alien asset. Cause this timeline well off the rails.
This is a perfect opportunity to clean house of all the leaders he know aren’t loyal to him.
I’m guessing this is all just a ploy to make Lockheed, Northrup, and Raytheon kiss the ring.
Next week, all the classified work will be contracted to them for a steal of only thrice the price, but only once they’ve publicly kissed his ass enough.
Lockheed, Northrup and Raytheon would learn Farsi in a blink if it gave them a better bottom line
