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Global Military Spending - NEWS ONLY

bobbymike

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So the COVID stimulus will be around $3 trillion or ~4X the current defense budget. Cuts would be absolute maximum of $75 billion or 2.5% of stimulus spending to gut the defense budget and as the article says it’s not to cut spending as that money will go to other programs.

So no cuts in total spending, no reduction of the deficit but defense is drastically cut.

Cui Bono?
 

bobbymike

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bobbymike

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bobbymike

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Meanwhile

 

Grey Havoc

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They are still throwing more good money after bad with regards as to the F-35, sigh.
 

Grey Havoc

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Unless they actually start building honest to god cruisers, I fear that it will amount to not much more than hot air. Of which Australia has way too much of already. (Flees as lynch mob rapidly assembles.)
 

bobbymike

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