War Means Jobs and Profit

Daddy Warbucks couldn’t be happier.  800 people are working at a factory in Lima, Ohio that rebuilds Abrams tanks and “is building 15 to 20 armored vehicles per month, including tanks, it can easily boost that to 33 a month and could add another shift of workers to build more if needed.” Those numbers are reported in an AP article appearing in the LA Times.

I know we need to support Ukraine with military hardware but is that number 15 to 20 vehicles?  Why?  I understand providing munitions but this article was about hardware.

“Part of it is figuring out … what’s the best one that can allow us to get the Ukrainians tanks in as timely a fashion as we can” without disrupting foreign military sales, said Secretary of the Army Christine Wormuth.

Sales to who is my question.  I Googled for the answer. U.S. arms exports in 2021, by country

  Saudi Arabia1389
Australia   Qatar   Japan   United Kingdom 4 countries929   906   875   875
South Korea646
Netherlands586
Israel550
Norway                                                                                         455
India  425

United Arab Emirates                                                                 274

Denmark                                                                                    226     

Italy                                                                                      214    

The plus to this situation is the are 800 American families with good incomes.  General Dynamics is earning a good profit for every unit they deliver.  A few other companies like Lockheed Martin and Raytheon are also the beneficiaries of the war machine.

Incidentally if you don’t get it, Daddy Warbucks was a character from the classic comic strip Little Orphan Annie and the stage musical based on it.  He was a war profiteer (someone who makes money through military contracts).

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