Sevrent
ACCESS: Confidential
- Joined
- 17 May 2022
- Messages
- 55
- Reaction score
- 150
During the cold war surely. And while one may argue that there is currently the Second Cold War ongoing, I don't think that realization has reached the public consciousness just yet. Which is why in my eyes it will be difficult to justify such spending in an economically tumultuous period.
But I have no background in economics, so that's that.
On a different note, how does the projected NGAD cost stack up so far compared to ATF and JSF?
Entitlements made up much less of the federal budget back then which allowed a greater amount of defense spending. Comparing debt servicing costs as a percentage of GDP between the 80s and now is around the same too. Barring reductions on entitlement spending or tax hikes, increasing defense spending is probably unsustainable.