• Dec 29, 2021
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  DoD fails another audit

  
  

  Fourth in a row I think. But it's 'getting closer.' Current budget is $724b. It doesn't track well it's spending at an enterprise (overall) level.
  

  
  

  This is up since the 80s, but as a percentage of GDP it is lower than the 80s. It's currently between 3 and 4% of GDP (was about 5%).
  

  
  

  Some (?) is debt-financed. Some is misallocated.
  

  
  

  #US
  

   
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  <div><b>DoD fails another audit</b></div><div><br></div><div>Fourth in a row I think. But it's 'getting closer.' Current budget is $724b. It doesn't track well it's spending at an enterprise (overall) level. <br></div><div><br></div><div>This is up since the 80s, but as a percentage of GDP it is lower than the 80s. It's currently between 3 and 4% of GDP (was about 5%). <br></div><div><br></div><div>Some (?) is debt-financed. Some is misallocated.<br></div><div><br></div><div><a href="http://landandseajournal.com/post/hashtag/US"><a href="http://landandseajournal.com/post/hashtag/US">#US</a></a> <br></div>  

  DoD fails another audit

  
  

  Fourth in a row I think. But it's 'getting closer.' Current budget is $724b. It doesn't track well it's spending at an enterprise (overall) level.
  

  
  

  This is up since the 80s, but as a percentage of GDP it is lower than the 80s. It's currently between 3 and 4% of GDP (was about 5%).
  

  
  

  Some (?) is debt-financed. Some is misallocated.
  

  
  

  #US
  

   

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