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Promising Defense Budget Talk from Obama

One line that raised my eyebrows in President Obama’s speech tonight: We’ll eliminate the no-bid contracts that have wasted billions in Iraq, and reform our

Jul 31, 2020
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One line that raised my eyebrows in President Obama’s speech tonight:
We’ll eliminate the no-bid contracts that have wasted billions in Iraq, and reform our defense budget so that we’re not paying for Cold War-era weapons systems we don’t use.
Why, what Cold War-era-weapons-systems-we-don’t-use might he mean? We’ll find out for sure by April, when the Pentagon budget is released. But if I was a defense contractor who wasn’t above rebranding my unused Cold War-era weapons systems as crucial for economic recovery, I’d put more money into my lobbying efforts.
Dexter Cooke

Dexter Cooke

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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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