Examining the Ferguson Limit: Historical Lessons and Current Implications

Marcus and Michael go through the -sparse - highlights of Australia's election campaign from a defence perspective - the Coalition's policy release has shifted the defence permafrost on funding and capabilities, and added a note of required urgency. But polls show a collapse in Australians seeing the US as a reliable ally. They also show reluctance to raise defence spending. Meanwhile, in DC the DOGE chainsaw has bogged in the swamp and Pentagon savings are turning into Pentagon spending, just why isn't clear....Also available as a Grumpies YouTube video podcast.