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William Hartung — The Pentagon’s Plan to Dominate the Economy

Summary:
Given his erratic behavior, from daily Twitter eruptions to upping his tally of lies by the hour, it’s hard to think of Donald Trump as a man with a plan. But in at least one area — reshaping the economy to serve the needs of the military-industrial complex — he’s (gasp!) a socialist in the making.… William Hartung apparently misses that the first step in the plan is reality distortion, also known as "gaslighting." With such field distortion, establishing truth becomes impossible on evidence-based argument, opening the possibility of normalizing anything. It's the basis of the plan of a "master persuader." The president did not invent it. It has historical precedent. His plan is now visibly taking shape — one we can see and assess thanks to a Pentagon-led study with a distinctly

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Given his erratic behavior, from daily Twitter eruptions to upping his tally of lies by the hour, it’s hard to think of Donald Trump as a man with a plan. But in at least one area — reshaping the economy to serve the needs of the military-industrial complex — he’s (gasp!) a socialist in the making.…
William Hartung apparently misses that the first step in the plan is reality distortion, also known as "gaslighting." With such field distortion, establishing truth becomes impossible on evidence-based argument, opening the possibility of normalizing anything. It's the basis of the plan of a "master persuader." The president did not invent it. It has historical precedent.
His plan is now visibly taking shape — one we can see and assess thanks to a Pentagon-led study with a distinctly tongue-twisting title: “Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States.” The analysis is the brainchild of Trump’s adviser for trade and manufacturing policy, Peter Navarro, who happens to also be the key architect of the president’s trade wars.
Navarro, however, can hardly take sole credit for the administration’s latest economic plan, since the lead agency for developing it was also the most interested of all in the project, the Pentagon itself, in particular its Office of Defense Industrial Policy. In addition, those producing the report did so in coordination with an alphabet soup of other agencies from the Department of Commerce to the Director of National Intelligence. And even that’s not all. It’s also the product of an “interagency task force” made up of 16 working groups and 300 “subject matter” experts, supplemented by over a dozen industry “listening sessions” with outfits like the National Defense Industrial Association, an advocacy organization that represents 1,600 companies in the defense sector.
Before jumping into its substance and implications for the American economy and national defense, let me pause a moment to mention two other small matters.
First, were you aware that the Pentagon even had an Office of Defense Industrial Policy? It sounds suspiciously like the kind of government organization that engages in economic planning, a practice anathema not just to Republicans but to many Democrats as well. The only reason it’s not a national scandal — complete with Fox News banner headlines about the end of the American way of life as we know it and the coming of creeping socialism — is because it’s part of the one institution that has always been exempt from the dictates of the “free market”: the Department of Defense.
Second, how about those 300 subject matter experts? Since when does Donald Trump consult subject matter experts? Certainly not on climate change, the most urgent issue facing humanity and one where expert opinion is remarkably unified. The Pentagon and its contractors should, however, be thought of as the ultimate special interest group and with that status comes special treatment. And if that means consulting 300 such experts to make sure their “needs” are met, so be it.
Now for the big stuff....
Tom Dispatch
Tomgram: William Hartung, The Pentagon's Plan to Dominate the Economy

This article is crossposted at The Nation

The Nation
The Military Is the Ultimate Special-Interest Group: More money than ever is going towards the least-efficient sector of the economy.
William D. Hartung

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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