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The DoD Budget Is 800 Billion Dollars Per Year, 2.7 Billion a Day
The goal of the program is not innovation, but to get more of the supply chain to be manufactured in the US. This is actually a perfect role for government. It's shaping incentives so that capitalism can do its job. Ford needs batteries. Their forecast is they'll be selling 2.5 million electric vehicles by 2026, 2027. Whatever Ford does, you can expect GM will also do. You can expect all of the other big companies to do. At the end of the day, for people to not over-this is 9.8 billion, I guess it sounds like a lot, but we're probably spending 9.8billion dollars a day fighting wars. We shouldn't