Relevance of Defense Spending after the 1973-1975 Recession to Defense Spending Following the Great Recession of 2007-2009

Abstract

There are many significant similarities between 1974-1978 and 2009-2012. The current economic austerity and the DOD s alignment to financial current constraints should consider the decisions made in the aftermath of Vietnam and the Great Stagflation. Facing at least a 10% budget reduction over 10 years the DOD will have to balance supporting national interests with less money to spend on three areas that are integral to this support; military personnel, procurement, and RDT&E.

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Document Details

Document Type
Technical Report
Publication Date
May 01, 2013
Accession Number
ADA601604

Entities

People

  • Andrew Mongeon

Organizations

  • Marine Corps University

Tags

Communities of Interest

  • Biomedical
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Afghanistan Conflict
  • Civilian Personnel
  • Contingency Operations (Military)
  • Department Of Defense
  • Federal Budgets
  • Governments
  • Investments
  • Iraqi-War
  • Military Budgets
  • Military Personnel
  • Military Procurement
  • National Security
  • Procurement
  • Second World War
  • United States
  • United States Government

Readers

  • Defense Acquisition Program Management
  • Economics