Military spending (n.) is America's method of industrial management — the state's way of keeping the economy profitable for business.
Military spending (n.) is the perfect gift to business because it produces waste: nobody else is going to make B-2 bombers, so it competes with no one.
Military spending (n.) defends no one from attack; it defends the rich against the poor, and the poor pay for it.
Military spending (n.) is, at home, a device for making the public subsidize high technology and guarantee a market for its waste.
Military spending (n.) is the stimulus business favors, because it pumps money in while leaving the shape of the economy alone.
Military spending (n.) is the subsidy business prefers: like social spending it stimulates the economy, but without democratizing anything or redistributing a cent.