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Nigel Sutton's avatar

Hi Bryan,

Could not agree with you more. Budgeting to a strategy? Or Strategizing to a budget? The Navy's dilemma of trying to do both with what they have been given. As always, thanks for a good article.

Best,

Nigel

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Dave lahr's avatar

Really appreciate this in depth look. I went and checked some data at St Louis FRED - interesting and educational to see defense spending compared to GDP over the years:

https://fred.stlouisfed.org/graph/?g=1jp7M

Not what I expected going in! Which is why I look. Defense spending as a % of GDP is generally speaking lower now than in the past. As others have mentioned and I agree the approach should be expanded government revenue. As mentioned in the article, we have the ability to choose (or not) to do this.

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