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.
  • Norgoroth@lemmy.world
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    11 hours ago

    Please keep fucking with the defense contractors, surely they won’t take any drastic measures against you

  • Zink@programming.dev
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    12 hours ago

    I had the “wait, a good thing?” reaction too.

    But thinking about potential underlying motivations, it makes complete sense that the compromised traitor holding the reins would want to weaken the military at the same time as destroying the government.

    Or maybe it isn’t to help other dictators, and he just wants the opportunity to weed out more people who are loyal to the constitution.

    • ⛓️‍💥@sh.itjust.works
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      10 hours ago

      This may signal he is getting pushback from the military which is a very good thing. If he is serious about Canada and Greenland he will need a strong military. It makes no sense to start cutting the budget now.

      Refusing unlawful orders is always cool and moral.

  • cultsuperstar@lemmy.world
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    15 hours ago

    It doesn’t need to be halved. They just need to figure out where a large portion of the money goes, since they can’t seem to account for it.

  • Queen HawlSera@lemm.ee
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    17 hours ago

    If he actually halves Pentagon Spending, that would be… the first good deed he’s ever done.

    • bitchkat@lemmy.world
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      16 hours ago

      I can see him doing away with seasonal clock shifts by accident at some point.

  • sudo@programming.dev
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    12 hours ago

    In case y’all forgot Trump’s last term, his general pattern is to constantly announce insane plans and only follow through on a fraction of them. Cutting the pentagon’s budget in half is one of the distractions. Some General will dandy himself up in his class A and jingle some blueprints for a useless wunderwaffe and the defense budget will go up.

  • ristoril_zip@lemmy.zip
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    15 hours ago

    I just don’t even know how I’d react if he successfully cut the defense budget in half. Would i have to join MAGA at that point?

    Because… yeah, I hate everything he’s done or let others do so far. His Cabinet is/ will be a nightmare. I assume this defense cut would come with more egregious tax cuts for the billionaire class.

    But cutting that much from our stupid war budget … man that’s such a nice thing to get…

  • Pacattack57@lemmy.world
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    18 hours ago

    Good time to buy then. He already pledged to increase funding to Israel. Just need to research what company supplies the most weapons for them and invest there.

  • lmuel@sopuli.xyz
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    18 hours ago

    Realistically speaking… Is anything gonna happen?

    Fuckers are just gonna invest as always, capitalism knows no morals.

  • flop_leash_973@lemmy.world
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    1 day ago

    I don’t like it when I agree with the general notion of something Trump says or does. Makes me feel dirty.

    • MothmanDelorian@lemmy.world
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      18 hours ago

      Wait until you see how i gets halved. Im willing to bet they axe the VA, any scholastic programs, ROTC et al as most policies are about destroying America.

    • Fedizen@lemmy.world
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      21 hours ago

      Thats the magic of trump though, when he’s vague about things he can sometimes spin them as something agreeable. My guess is he’ll keep the regime change bullshit and nix stuff like burn pit procedures, ukraine support, and veterans benefits

    • Stern@lemmy.world
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      23 hours ago

      Broken clocks. If its any consolation he could be, variously-

      1. Floating random shit. Common Trump talk.
      2. Actually wanting to weaken the U.S. militarily, to the benefit of his leash holders.
      3. Fishing for bribes.
  • Gammelfisch@lemmy.world
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    16 hours ago

    If this happens, the US MIC will shit all over the MAGAts. How many fucked up MAGAts work in the defense industry? Exactly, fuck them and they can join the “Parasite Class.”

    • omega_x3@lemmy.world
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      12 hours ago

      Or MIC will just arrange for another president that won’t cut their funding. Either is a net positive.