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Trump Proposes Massive Increase in 2027 Defense Spending to $1.5T

Ben Dhyani

Power Poster II
Regular Contributor
Joined
Apr 12, 2018
Location
Australia

Trump Proposes Massive Increase in 2027 Defense Spending to $1.5T, Citing ‘Dangerous Times'

President Donald Trump on Wednesday proposed setting military spending at $1.5 trillion in 2027, citing “troubled and dangerous times.”

Trump called for the massive surge in spending days after he ordered a U.S. military operation to capture Venezuelan leader Nicolás Maduro and spirit him out of the country to face drug trafficking charges in the United States. U.S. forces continue to mass in the Caribbean Sea.

The 2026 military budget is set at $901 billion.

Trump in recent days has also called for taking over the Danish territory of Greenland for national security reasons and has suggested he’s open to carrying out military operations in Colombia. Secretary of State Marco Rubio has ominously warned that longtime adversary Cuba “is in trouble.”

“This will allow us to build the ‘Dream Military’ that we have long been entitled to and, more importantly, that will keep us SAFE and SECURE, regardless of foe,”
 
Wonder where the money is going to come from.
“The printing press,” like it always does in the end. This is a problem basically every government runs into sooner or later, US is not immune. The world is addicted to debt, and then everyone acts shocked when everything gets more expensive everywhere.

I’m not anti-fiat. The current money system can/does proven to work, AND a gold backed system has its own IMHO worse self defeating problems than the fiat system has.

The issue isn’t the concept, it’s the behavior of those who abuse the system. Decades of bad actors and short term incentives have pushed the fiat system to its limits.

Feels like we’re drifting toward some kind of reset. Let’s just hope... it’s not the kind that comes wrapped in a world war...
 
Wonder where the money is going to come from.
“The printing press,” like it always does in the end. This is a problem basically every government runs into sooner or later, US is not immune. The world is addicted to debt, and then everyone acts shocked when everything gets more expensive everywhere.

I’m not anti-fiat. The current money system can/does proven to work, AND a gold backed system has its own IMHO worse self defeating problems than the fiat system has.

The issue isn’t the concept, it’s the behavior of those who abuse the system. Decades of bad actors and short term incentives have pushed the fiat system to its limits.

Feels like we’re drifting toward some kind of reset. Let’s just hope... it’s not the kind that comes wrapped in a world war...
There’s a theory about how we are going to debase our currency by pulling shenanigans with crypto. I think this is the video I’m thinking of

I can’t verify it, but it’s the only reset plan I’ve seen.

Either way, the entire economic system from your home to a billionaires mansion in China is build on debt. For that system to be reset would basically require total economic collapse. People buy debt with debt then borrow against that debt and that type of stuff is rampant in our economy - I mean, banks borrow using bonds as collateral to buy debt.

Complete economic devastation globally is the only thing that would un entrench this system.
 
Well Trump not only wants more spending, he apparently also wants more bang from the buck!

Trump threatens US defence firms over executive pay, slow production

United States President Donald Trump has issued a stern warning to defence contractors that supply the US military, accusing them of profiteering.

“MILITARY EQUIPMENT IS NOT BEING MADE FAST ENOUGH,” Trump wrote at one point in his lengthy, 322-word post.

“It must be built now with the Dividends, Stock Buybacks, and Over Compensation of Executives, rather than borrowing from Financial Institutions, or getting the money from your Government.”

Trump singled out the technology company Raytheon as the worst offender, in his eyes.

“I have been informed by the Department of War that Defense Contractor, Raytheon, has been the least responsive to the needs of the Department of War, the slowest in increasing their volume, and the most aggressive spending on their Shareholders rather than the needs and demands of the United States Military,” Trump wrote in a follow-up post.

The president threatened to sever government ties with Raytheon, now known as RTX, which earns billions from its defence contract work.

Just last August, the Department of Defence awarded the firm $50bn – the maximum possible – for a 20-year contract to supply the military with equipment, services and repairs.

“Our Country comes FIRST, and they’re going to have to learn that, the hard way,” Trump warned.
 
This is way too big of an increase. Even countries gearing up for imminent major war don't just hike their defense budgets by 60% year-on-year.

What Trump probably fails to understand is that it's not Home Depot - you can't just show up with a huge wad of bills and come out carrying a lot of hardware. The military-industrial complex is a huge, lumbering beast, and it takes a lot of time to bulk it up. Simply flooding the system with cash will lead to waste as money chases nonexistent goods. It's already happened once - and not that long ago. See the Wikipedia entry on the Packard Commission for a cautionary tale.
 
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