Sunday, December 4, 2016

US defense industry can handle the Republican debt deluge

The U.S. arms industry is ready and capable of boosting production of new ships if President-elect Donald Trump makes good his vow to expand the U.S. Navy to 350 ships, Chief of Naval Operations Admiral John Richardson told Reuters.
Shifting the current target of 308 ships upwards would be "remarkably easy" as long as there is funding to pay the bill, the top uniformed Navy official said in an interview at the annual Reagan National Defense Forum in southern California.

"If it's resourced, it's a matter of working closely with the industrial base, and they definitely are ready to do that," he said, adding the only limiting factor would be hiring and training workers to build the new ships.
George Soros chimed indicating he could use his personal account to hold most of the debt deluge, so Repubicans do not have the difficult task of counting it all. 

No comments: