Below are three separate contributions: Spinney on Sprey; Sprey on Boeing; and Seattle Times on Boeing.
CHUCK SPINNEY SOUNDS OFF
President Obama says that restoring America’s competitiveness is one of his top priorities. Yet under his watch, deindustrialization, financialization, and globalization continue without interruption. Many advocates of defense spending argue that spinoffs from the Pentagon's R&D and high tech engineering practices are keys to reinvigorating America’s manufacturing economy. For whatever reasons, Mr. Obama shows no intention of reining in defense spending by anything more than a cosmetic amount, even though the defense budget is higher now that at any time since the end of WWII (after removing the cumulative effect of 60 years of inflation), and despite the fact that the United States is spending about as much on defense as the rest of the world combined.