US has somewhere around 450 Navy vessels.. China has closer to 350 but is rapidly adding new tonnage. Sounds ominous! Except Japan has another 150, Australia has 50 more, the UK has 70 more, Spain has 150, France 180, Korea has 160, if some war ever comes down to the sheer number of available ships -- it literally won't matter who has more since the nukes will have flown long before some Canadian frigate is exchanging fire with some Chinese gunboat.
Naval power isn't easily measured with statistics. The capabilities of a single US 100,000 ton aircraft carrier overwhelms entire fleets, unless their capabilities include long-range anti-ship missiles or submarines. Then adding tonnage won't help the US; they need capabilities to counter those two threats.
> Number of ships and ability to replace ships correlates to wins in times of conflict.
Do you happen to remember a source for that? I'd be interested.
The US has the most productive, wealthiest economy in the history of the world, and a very strong one at the moment, without so much of the 'making things'. Why change?
(And why do American taxpayers have to subsidize someone else's uncompetitive, unproductive business? Perhaps they are better off letting the free market allocate the revenue.)
It's definitely bad. The U.S. won't even have the world's biggest navy pretty soon because of that. And there are tons of scenarios where the U.S. is economically hosed because of some international conflict. Not only does the U.S. not make things, it doesn't know how to.