Date: 18/04/2026 07:02:21
From: ms spock
ID: 2381778
Subject: re: Australian politics - April 2026

esselte said:


ms spock said:

roughbarked said:

Guns and rockets and all things to kill people are big part of the US economy. They have to have wars to be able to do business.

,+1

-1 from me.

US arms manufacture is a small part of the US economy. It sits mid-tier, well behind the truly giant sectors like health care, real estate, finance, retail, wholesale, construction, transport, education, utilities, agriculture, hospitality etc.

Weapons related manufacturing accounts for somewhere between 0.5% – 1% of US economic output.

Strategic importance of the sector is high, but economic importance is low.

Heya esselte

It is true, healthcare and Social Security take up significant amounts.

From what I have read military spending takes up 13.3% of the federal budget. So it is not insignificant spending.

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