So long as America keeps to free market practices, trying to undermine its manufacturing is a fool’s errand-— as economists from Sowell to DiLorenzo have shown, predatory pricing doesn’t work.
The main reasons the United States has such a great war machine are 1) the heroes of our armed services 2) the fact that the United States is such a rich nation.
As Charles Pena puts it: “Whether it’s the president of the United States or a soldier on the front line, the ultimate criteria should be procuring the best, highest performing, technologically advanced and reliable equipment at the most reasonable cost. To do otherwise and simply buy American would be irresponsible and misguided patriotism.”
Pena needs his head examined. In his scenario we should outsource all of our arms manufacturing to China. We can show them how to make the things they haven’t yet stolen plans to. Teach them our R&D methods while we are at it. We can save billions each year and get more equipment to boot.
We’ll be even richer, and more dumb pricks can become lawyers and insurance salesmen, instead of engineers and machinists.
Pardon me for jumping in the middle of this but hey, if we’re gonna let china build our weapons why not let iran do it as well. I mean, I trust the chinamen as much as I trust the iranians. jeez.