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.
  • Queen HawlSera@lemm.ee
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    7 months ago

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

    • answersplease77@lemmy.world
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      7 months ago

      He never will. He sent a message for weapon manufacturer CEOs to chip in, and off course they will gladlyl buy him just like how silicon techies did

      • tempest@lemmy.ca
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        7 months ago

        Exactly, this is just fishing for a bribe, just like the tariffs. Bribe Trump enough and your program or industry will get a loop hole or passed over for 6 months or whatever.

    • nova_ad_vitum@lemmy.ca
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      7 months ago

      More than this, the idea that the US will reduce defense spending at the same time as others are increasing it is laughable. The whole “NATO has to start pulling it’s weight” thing will result in US military power diminishing vs the rest of the world and will result in more US military spending in the long term, not less.

  • Pacattack57@lemmy.world
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    7 months 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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    7 months ago

    Realistically speaking… Is anything gonna happen?

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

    • MothmanDelorian@lemmy.world
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      7 months 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.

    • Stern@lemmy.world
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      7 months 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.
    • Fedizen@lemmy.world
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      7 months 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

  • Norgoroth@lemmy.world
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    7 months ago

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

  • sudo@programming.dev
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    7 months 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.

  • M0oP0o@mander.xyz
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    7 months ago

    “I am going to take over the world”

    “And they will pay for it”

    -Some idiot apparently

  • Marleyinoc@lemmy.world
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    7 months ago

    If Trump fucks with the rich folks - those who have their hands in the pocket of our tax dollars - we’ll be talking about President Vance next week.

  • skuzz@discuss.tchncs.de
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    7 months ago

    Muskrat being involved in this at all is an actual violation of his SGE title. Not that laws are real anymore, but, big ones would be broken.