Photo from tech republic |
A guest post by Josh Montgomery.
One of President Trump’s campaign promises was a
bigger and better military, and he seems to be coming through with his historic passing of a
$700 billion National Defense Authorization Act (NDAA), in September of 2017.
Broken
down, the total military spending is budgeted to be $824.6 billion, with $574.5 billion
to be used as the base Department of Defense budget, $64.6 billion to be
used for the Overseas Contingency Operations for the fight against the Islamic
State group, $173.5 billion to be used for other agencies (Department of
Veteran Affairs, State Department, Homeland Security, FBI and Cybersecurity and
National Nuclear Security), while $12 billion is set aside for the State
Department and Homeland Security’s fight against ISIS.
The
final vote of the Republican chamber was 89-8 for the NDAA, for the fiscal year
2018. This Act authorizes $640 billion to be used to fund Pentagon’s capital
operations: weapons purchase and troop payments; as well as $60 billion to be
used to fund the ongoing conflicts in Afghanistan, Iraq and Syria.
Though the decision was
controversial, as many complex topics tend to be, here are the top reasons this
increase will benefit the US in the long-term:
1.
The
Technological Developments
Historically, greater investments
in the
military branch have led to great technological leaps and new gadgets. Just
look at the computer, first developed for the purposes of the Second World War
and now omnipresent.
It doesn’t stop there, with the
Second World War the only war in which weapons used at the start of the war
were nothing like the ones used at the outset. During the course of the war the
atomic bomb, jet aircrafts and guided missiles, just to name a few, were
developed.
With the US spending at its all
time high, in addition to it being the biggest investor in the military (with
China lagging behind with a spending of $215.7 billion), it makes it more
probable that the US will be the power to decide the path of technological development.
It goes without saying that the
US has a vested interest in developing these technologies first, in order to
keep its position of the largest military force in the world and to keep the
potentially devastating technologies as far away from potential enemies as
possible.
2. The Macroeconomic Effects
As the defense sector is large
and complex, it also includes and boosts great industries: research and
development, manufacturing, human resources, etc…
A boost in military spending
means more jobs in the defense sector and those closely connected to it,
encouraging economic growth.
Not only will there be more jobs
in the sector, but the current troops are entitled to a 2.1 percent pay raise,
while veterans are set to receive more prominent support, which will boost
their living standard and affect the economy positively.
To put it simply, more jobs and
higher pay signify more spending power, which in term boosts the local economy
and trade.
Additionally, the defense sector
protects trade and property rights, which needs to run smoothly for a country
as big as the US to seamlessly function; while investing in cyber-defense
protects us when online, a dire need in times of technological improvements and
emerging new technologies. It’s vital for the US to keep on top of new trends
and develop cyber-defense simultaneously.
All segments of the defense sector stand to
benefit from the new budgetary measures.
3. Not Being Caught Unprepared
Increased spending signifies
preparedness for all scenarios, a position in which the US should be
comfortable in, especially considering its history.
In the current budget, there is
$8.5 billion budgeted to be used in strengthening missile defense. This seems
to be prudent, as North Korea continues to conduct nuclear weapons and
ballistic missile tests, while also issuing threats directly to the US.
Learning its lessons from
history, the US will not allow the mistakes of the First and the Second World
War to happen, when the country was caught severely unprepared for the
conflicts, as it attempted to stay neutral.
Late-comers in the Second World
War, the greatest war of all time claiming 60 million lives, the US is
determined not to be caught unawares if such a conflict were to arise again.
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