๐บ๐ธ AMERICANS ARE SPENDING MORE ON THE MILITARY IN ADJUSTED DOLLARS THAN THEY DID DURING WORLD WAR II. So where is all that money actually going?
Stephen Semler told Tucker that Lockheed Martin got roughly 73% of its revenue from Pentagon contracts, and said that once U.S.-government-brokered foreign arms sales are included, about 97% of its revenue was tied to the government.
Tucker boiled it down brutally: taxpayers fund the defense companies, then those companies use that money to lobby Congress for even more taxpayer money.
Semler said the system is engineered to make weapons programs politically difficult to kill. Contractors deliberately spread suppliers, jobs and facilities across as many congressional districts as possible, giving lawmakers a direct local incentive to keep the money flowing.
He even described helping lobby for the troubled Littoral Combat Ship. Despite serious technical problems, including cracks developing in aluminum hulls, lobbyists mapped every supplier and subcontractor tied to the program.
Source: TCNetwork / Writer: Sol