I believe that 'effective' military spending is a good thing. I agree that inadequate military spending is bad for both our national security and for the manufacturing sector. However, wasteful military spending is also harmful for the country as a whole.
I see where American companies and manufacturers now use lean, efficient techniques to reduce waste and compete. Can the military also adopt some of these effective new techniques to be more competitive? I'm not suggesting that we lose any 'muscle', I'm suggesting that wasteful spending be reduced to further improve the military's value to our national security and our economy.
Interesting thoughts, Rich. I agree that manufacturing is an economic stimulant. History shows it was heavy military spending on WWII that finally lifted us out of the Depression. Recent cutbacks in military and other federal spending -- while intended to cut the deficit -- seem to have created a drag on what would otherwise be a more robust recovery.
The good news is that offshore manufacturing is coming back. Plus, there seems to be evidence that manufacturing that would otherwise be aimed for Asia is staying home. There are a ton of reasons, many of which are outlined in the Design News article on medical manufacturing: http://www.designnews.com/author.asp?section_id=1386&doc_id=264831
According to A.T. Kearney's 2013 Foreign Direct Investment Confidence Index (FDICI) released last week, the U.S. has passed China to become the world's largest manufacturer again. So manufacturing is on the rise in the U.S. in spite of military cutbacks.
Engineers at Fuel Cell Energy have found a way to take advantage of a side reaction, unique to their carbonate fuel cell that has nothing to do with energy production, as a potential, cost-effective solution to capturing carbon from fossil fuel power plants.
To get to a trillion sensors in the IoT that we all look forward to, there are many challenges to commercialization that still remain, including interoperability, the lack of standards, and the issue of security, to name a few.
This is part one of an article discussing the University of Washington’s nationally ranked FSAE electric car (eCar) and combustible car (cCar). Stay tuned for part two, tomorrow, which will discuss the four unique PCBs used in both the eCar and cCars.
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