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Re:The Pentagon’s $52,000 trash can by roenxi on Friday June 23, 2023 @09:09AM (#36446353)
The US is at risk of being out-competed by nominal communists and practical authoritarians. They've already been knocked down to 2nd biggest economy adjusted for PPP and US government spending appears to be in a death-debt spiral where it pays for itself with donations from foreigners. The real burden of that is probably going to land on the middle class sometime soon and cause political hiccups that go beyond mere Trumpism.

Spending $50k on a trash can is unlikely to lead to the sort of benefits that are required. Better than unemployment benefits for nothing, maybe. The opportunity costs and time wasted on bureaucracy put even that optimistic spin in doubt. Basic research doesn't need 3% of GDP spent on overinflated contracts. It can't be helping the situation.

Re:The Pentagon’s $52,000 trash can by xxpor on Friday June 23, 2023 @11:44AM (#36448450)
>death-debt spiral where it pays for itself with donations from foreigners.

That's not how it works. As long as the trade deficit exists, and the reserve currency is the dollar, there will be huge demand for treasuries.