Yes, it would be big, obsolete and ineffective thing, but this is exactly why this thing may be an impressive handicap move. It's like saying: "Hey, I'm so rich and powerful that I can just throw a trillion dollars in a trash bin, and still be in control of the situation. I'm rich, strong and generous, I'm not going to fight any near-peer adversary, follow me, and you'll be rewarded". But to make those moves properly you really should be rich, powerful and generous, and I'm not sure America is really that rich. Because if you are not, people will see you just stupid.
Or it may be a way to support shipyards without being too provocative by building more cost/effective ships.
Or it may be a way to support shipyards without being too provocative by building more cost/effective ships.