Monday, December 11, 2017



"The US economy is caught in a trap. That trap is the Department of Defense: an increasingly sticky wicket that relies on an annual, trillion-dollar redistribution of government-collected wealth. In fact, it's the biggest "big government" program on the planet, easily beating out China's People's Liberation Army in both size and cost. It is not only the "nation's largest employer," with 2.867 million people currently on the payroll, but it also provides government benefits to 2 million retirees and their family members. And it actively picks private sector winners by targeting billions of dollars to an elite group of profit-seeking contractors.

The top five overall recipients collectively pulled in $109.5 billion in FY2016, and their cohorts consistently dominate the government's list of top 100 contractors. They reap this yearly largesse through a Rube-Goldberg-like system of influence peddlers, revolving doors and wasteful taxpayer-funded boondoggles. Finally, it is all justified by a deadly feedback loop of perpetual warfare that is predicated on a predictable supply of blowback.

But this belligerent cash machine doesn't just produce haphazard interventions and shady partnerships with a motley assortment of strongmen, proxies and frenemies. It also has Uncle Sam caught in a strange cycle of taxpayer-funded dependence that may ultimately be the most expensive -- and least productive -- jobs program in human history."

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