Attention Economy


Friday, March 22, 2024

US Military Spending

The US Has the Military Spending It Needs
https://www.bloomberg.com/opinion/articles/2024-03-22/the-us-has-the-military-spending-it-needs
The Pentagon and its industrial and political ecosystem generally believe that America woefully underfunds its military, compromising its deterrence of, and war-waging prowess against, the main adversary for the foreseeable future, namely China. Strategists on the opposing side think that reasoning is not only overwrought but intellectually flawed, since a proper analysis of geopolitics would suggest that US defense spending may be just about right (if often inefficient and misdirected) or even excessive.