KEY POINTS

  • Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
  • Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.
  • Hylactor
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    8 days ago

    Well, even if defense spending were slashed, the current oligarchy is gutting health, education, environment, and occupational programs, so those “savings” won’t be reallocated to anything actually beneficial to society. We’ll be lucky if that money even stays in the country. We’re basically witnessing an estate sale for a deceased America.