The Military Wastes SOOOO Much Money!
Channel: Common Sense Soapbox
Date: 2021-09-21

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/