If the proposed defense budget is passed, it will account for roughly 3.5 % of U.S. GDP. The military buys everything from pens and paper clips to fighter jets and submarines. But the market for military equipment is very different from the commercial market. And sometimes the system results in the Pentagon, and taxpayers, overpaying.This week, we're bringing you a three-part series on the defense industry.
Today, we unpack how defense costs are getting so high and why it's happening.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
2024-12-25 13:021899 view
2024-12-25 12:361094 view
2024-12-25 12:351434 view
2024-12-25 12:271077 view
2024-12-25 11:58906 view
2024-12-25 11:03153 view
Spoiler alert! This story contains major details from the "Pac-Man" episode of Amazon Prime Video's
The long goodbye tour for Caitlin Clark ended Sunday, and the Iowa senior put a bow on it with a soc
The much-anticipated solar eclipse will finally enshroud thousands of miles of North America today i