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Location: Georgia, on the Florida line, right above Tallahassee
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The 10 most expensive weapons systems in the world total $868 billion in research and development and manufacturing costs. The Department of Defense has commissioned each of the weapons. The White House recently released its strategic guidance, “Sustaining U.S. Global Leadership: Priorities for 21st Century Defense,” to address the upcoming $1 trillion defense budget cuts over the next decade. The costs of these expensive weapons systems illustrates the difficulty in cutting so much from the federal defense budget.
To understand the magnitude of these weapons’ budgets, one only needs to look at the recent government initiatives aimed to save the economy. The $868 billion cost of the most expensive weapons in the world is much more than the $700 billion set aside by Congress as part of the TARP to salvage the nation’s massive financial system. It is also more than President Obama’s $787 billion stimulus package approved by Congress in February 2009.
To understand the magnitude of these weapons’ budgets, one only needs to look at the recent government initiatives aimed to save the economy. The $868 billion cost of the most expensive weapons in the world is much more than the $700 billion set aside by Congress as part of the TARP to salvage the nation’s massive financial system. It is also more than President Obama’s $787 billion stimulus package approved by Congress in February 2009.
However, that is not a good comparison. War is a basic government function, perhaps the most basic. Bailing out corporations, and the so-called stimulus (which spent money for things like blackberry phones to help people quit smoking), are not.
Say your boss gives you $1000 for expenses. You spend $500 on office supplies, and $250 on a super-hot hooker, and $250 on cigars. Your boss objects and your reply is, 'but boss, I spent more on the office supplies than either the hooker or the cigars.' See...it makes no sense.
To understand the magnitude of these weapons’ budgets, one only needs to look at the recent government initiatives aimed to save the economy. The $868 billion cost of the most expensive weapons in the world is much more than the $700 billion set aside by Congress as part of the TARP to salvage the nation’s massive financial system. It is also more than President Obama’s $787 billion stimulus package approved by Congress in February 2009.
However, that is not a good comparison. War is a basic government function, perhaps the most basic. Bailing out corporations, and the so-called stimulus (which spent money for things like blackberry phones to help people quit smoking), are not.
Say your boss gives you $1000 for expenses. You spend $500 on office supplies, and $250 on a super-hot hooker, and $250 on cigars. Your boss objects and your reply is, 'but boss, I spent more on the office supplies than either the hooker or the cigars.' See...it makes no sense.
Must be why the rest of the world is just so hell bent on building their own carriers instead of investing in roads, schools, and medicine...
These weapons programs have been in service or in development since the '70s IIRC (Trident II) or maybe early 80s, and will remain front line units for another couple of decades. Depending on how we look at it, we have a ~50 year timeframe for these 10 most expensive weapons programs of all time. Yet...TARP was nearly as costly, served to line the pockets of a handful of bankers, and was wizzed away in what, 6 months or so? Obama blew about as much in "stimulus" spending as these programs did in 50 years.
To anyone with some common sense, this article just shows what a horribly expensive disaster both TARP and Spendulus were.
To anyone with some common sense, this article just shows what a horribly expensive disaster both TARP and Spendulus were.
But using progressive math (2nd edition), spending $267,000 to create a job that pays $60,000 is a raging success. Honestly, we were in better shape when we paid $200 for paper clips (paper organizing systems) and $1200 for hammers (impact devices) back in the eighties.
This nation's priorities are so completely backwards.
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