Defense Spending and Economic Dilemmas

This chapter examines the intersection of current economic policies, rising interest rates, and their implications for U.S. national defense budgeting. It highlights the challenges of military readiness amidst budget cuts, the discrepancies in military capabilities between the U.S. and China, and the impact of technological innovation on future conflicts. The discussion also touches on systemic issues within military leadership and the rising stock values of defense contractors amid geopolitical tensions.