>>> <DANIEL.DAVIES at flemings.com> 01/27/00 02:40AM >>>
>Nukes are cheap. The great cost in the military
>budget is non-nuclear procurement and labor. By
>making nukes less feasible, JFK could have had
>the effect of raising the budget, not lowering it.
Yer thinking too much like a macroeconomist here, MBS. On the absolute dollar cost of the military budget, you may be right. But nobody's going to get rich selling uniforms and soup cans to the Army -- too low margin. If you're in the "military industrial complex" game, you're in it to build big-ticket, high-margin, non-commoditised miilitary capital goods. Which at the time, meant nukes.
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CB: Thanks for mentioning that, dd. I was thinking the same thing about macro/micro last nite. You all are teaching me something about macro/micro.
>From a marketing standpoint, "nucs are cheap" sounds like a sales pitch from "nucs are us". (But wait until you see the cost overruns, and what do you do with the nuclear waste ?)
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I have no horse in this race, having vowed never to see another film with Kevin Costner in it fairly early on in his career.
>It was either that or "cancer man."
This one went over my head -- Americanism, I assume?
dd
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