zlacker

Well, organizations making large profits would like to laugh me out of the room. Next to tech stocks, ‘defense’ stocks are my second largest basket of stocks. I don’t expect that these companies will stop making large profits for the near future, but I keep an eye on my investments.

I find it interesting, in general, in this thread, that so many people dismiss what on the surface is a contrarian view (i.e., drastically reduce our overseas military presence), without more open debate.

Maybe my idea is wrong, but I feel it is worth a conversation.

>>mark_l+(OP)
> drastically reduce our overseas military presence

for what? a smaller deficit? it's unclear whether reducing the size of the defense industry helps the US economy, so maybe you get a smaller deficit but you also raise unemployment by a couple % and lower economic growth by a % or so over the next 25 years

conversely, it's pretty clear this does hurt its current hegemonic position. that's a gamble not many are willing to take so carelessly

I say this as a non-American, by the way