Contractors

In Eisenhower's farewell speech he warned about dangers of the military industrial complex. Those warnings were echoed by President Biden when he recently said regarding the $65 billion bill to sent money to Ukraine: “While this bill sends military equipment to Ukraine,” Biden said Tuesday, “it spends the money right here in the United States of America in places like Arizona, where the Patriot missiles are built; and Alabama, where the Javelin missiles are built; and Pennsylvania, Ohio, and Texas, where artillery shells are made.” Not counting supplemental spending, the United States plans to dedicate about $900 billion to the military this year. Almost half of this amount will go to a handful of huge defense contractors enjoying immense profits, which have significantly increased as a result of the war in Ukraine.