Comments on: Eisenhower charts of the day http://blogs.reuters.com/felix-salmon/2011/01/21/eisenhower-charts-of-the-day/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: ARJTurgot2 http://blogs.reuters.com/felix-salmon/2011/01/21/eisenhower-charts-of-the-day/comment-page-1/#comment-23432 Sun, 23 Jan 2011 02:26:03 +0000 http://blogs.reuters.com/felix-salmon/?p=7053#comment-23432 I’m not sure this ends up saying what I think you intended.

You’re arguing that military expenditure is destruction of capital (true) and is becoming increasingly expensive (which may or may not be true), but you are ignoring possible increases in efficiency in the production of consumption goods.

The cost differentials between relative expenditures could be caused by the increase in the bomber cost, or by a decrease in the the cost of producing the compared resource. I’d go back to the drawing board and include a comparison between the [real] cost difference between the 1950s item cost and the today cost, and then compare it to the bomber.

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By: Jules717 http://blogs.reuters.com/felix-salmon/2011/01/21/eisenhower-charts-of-the-day/comment-page-1/#comment-23424 Sat, 22 Jan 2011 20:14:54 +0000 http://blogs.reuters.com/felix-salmon/?p=7053#comment-23424 That may be true, FuManchu, but the Cold War is over. And the “War on Terror” doesn’t need fighter jets, bombers, and destroyers.

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By: FuManchu http://blogs.reuters.com/felix-salmon/2011/01/21/eisenhower-charts-of-the-day/comment-page-1/#comment-23413 Sat, 22 Jan 2011 09:31:11 +0000 http://blogs.reuters.com/felix-salmon/?p=7053#comment-23413 Well, those bombers are replacing a dozen older bombers. The number of US Air Force wings are less than half what they were when Eisenhower made his speech. Procurement is also down a lot. The US is spending only about half now on R&D and procurement than they did during the Cold War in real terms.

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By: ErnieD http://blogs.reuters.com/felix-salmon/2011/01/21/eisenhower-charts-of-the-day/comment-page-1/#comment-23403 Sat, 22 Jan 2011 03:41:47 +0000 http://blogs.reuters.com/felix-salmon/?p=7053#comment-23403 We are seeing the military-industrial complex in full operation today as an institutionalized philosophy. The Republicans want to cut everything in the budget, except for military spending even though Gates and Mullen have been asking for some cuts. Eisenhower’s prediction has come true as they want to cut Social Security in order to pay for more fighter engines.

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By: hsvkitty http://blogs.reuters.com/felix-salmon/2011/01/21/eisenhower-charts-of-the-day/comment-page-1/#comment-23395 Fri, 21 Jan 2011 23:02:45 +0000 http://blogs.reuters.com/felix-salmon/?p=7053#comment-23395 That was one of the most profound speeches every made. Sadly, America is too proud wearing the cross of Iron.

“In this book, published to coincide with the fiftieth anniversary of Eisenhower’s farewell address, journalist James Ledbetter shows how the government, military contractors, and the nation’s overall economy have become inseparable. Some of the effects are beneficial, such as cell phones, GPS systems, the Internet, and the Hubble Space Telescope, all of which emerged from technologies first developed for the military. But the military-industrial complex has also provoked agonizing questions. Does our massive military establishment—bigger than those of the next ten largest combined—really make us safer? How much of our perception of security threats is driven by the profit-making motives of military contractors? To what extent is our foreign policy influenced by contractors’ financial interests?”

Thanks. It sounds like a must read for the generations since WWII. (I just ordered it for my son)

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By: FifthDecade http://blogs.reuters.com/felix-salmon/2011/01/21/eisenhower-charts-of-the-day/comment-page-1/#comment-23394 Fri, 21 Jan 2011 22:54:54 +0000 http://blogs.reuters.com/felix-salmon/?p=7053#comment-23394 Speechless – but not at all surprised.

It could be said that the boom during the 1990s was a direct result of the end of the cold war in the 1980s, allowing government spending to fall as less was spent on armaments, thus boosting the world economy. It could also be said that the reverse is true today.

OK, so I found something to say! Great charts, and a lovely quote. From a General, too.

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