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The Military Wastes SOOOO Much Money!
by Common Sense Soapbox
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On this episode of Common Sense Soapbox, Ron, Sarah, Bob
and Seamus get detained by the Coast Guard on a military
base. Bob quickly learns that everything is WAY more
expensive than it should be, but why? Seamus explains how
waste is a feature, not a bug, of military spending and
describes the perverse incentives and lack of oversight
that fuel it.
Animation Credits:
Natasha Canepa
Jaime Velasquez
Caleb Black
Amazil
Seamus Coughlin
LINKS:
https://www.forbes.com/sites/lorenthompson/2020/09/24/five-
ways-gao-fails-to-understand-defense-industry-independent-
rd/?sh=6ca0191d48fe
https://www.washingtonpost.com/investigations/pentagon-
buries-evidence-of-125-billion-in-bureaucratic-
waste/2016/12/05/e0668c76-9af6-11e6-a0ed-
ab0774c1eaa5_story.html
https://www.defensenews.com/pentagon/2020/11/16/the-
pentagon-failed-its-audit-again-but-sees-progress/
https://www.militarytimes.com/news/your-
military/2019/03/12/use-it-or-lose-it-dod-dropped-46-
million-on-crab-and-lobster-and-9000-on-a-chair-in-last-
minute-spending-spree/
https://www.actioneconomics.com.au/2016/11/18/milton-
friedman-on-four-ways-to-spend-money/
Date Published: 2023-03-10 19:54:35
Identifier: youtube-a-K4nOBQPFA
Item Size: 42493294
Media Type: movies
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