"The manufacturing of tanks — powerful but cumbersome — is no longer essential, the military says." That's from a Washington Post article on the debate over whether we need to build more tanks. If the U.S. Army doesn't want to buy tanks, why is there a debate over this?
Here are two reasons:
(1) all politics is local, and
(2) K Street.
(1) congressmen see tank-making as a good jobs program for their districts, and
(2) tank makers see tank-making as good profit.
Veronique de Rugy, a senior research fellow of the Mercatus Center at George Mason University, puts it this way:….To Read More….