It's a little concept you are totally uneducated about, since you never owned or managed any private sector business called PROFIT AND LOSS. Businesses don't exist to provide jobs and bennies for people, they exist for one sole purpose. And that is to make as much money as possible. They don't exist just to break even, either. Businesses MUST, by their very nature, show weekly, monthly, quarterly, semiannual and annual profits in order to justify their existence. And guess what the #1 cost for any business is? Yep. Labor. Increase labor cost and you either cut staffing or raise prices to cover the cost. Oh, and did I mention the myriad of confiscatory taxes and stifling regulations contribute to higher product costs, and not price gouging? Yep, there's that government meddling again. Admit it, Boo boo. You are a Soviet Style Communist that wants full 100% government takeover of the private sector just like every other Leftist scumbag in the world.
Actually, you are wrong because in America, business has to also benefit America in some way. Like, pay employees a fair wage, pay your taxes, etc.
But yes, your business only cares about maximizing profits. That means you don't care about global warming, worker safety, hiring illegals, sending jobs overseas, not pay your fair share in taxes.
But also in some ways you are wrong. I've heard managers at Ford say making cars is just an excuse to do business. In other words, look at all the people who work at Ford that have nothing to do with making or selling cars. How many people work in Ford's HR department? Most of them could be let go tomorrow.
And then you make me remember a time when Democrats wanted to end some military contracts with companies who's technology is so outdated, we will never use their weapons ever again. Then Republicans cried about all the jobs down south that will be lost if the place closes. So we have a lot of military manufacturers all over the country where we don't really need their products. If you really want to run America like a business, I know a bunch of weapons manufacturers we could cut off today. Big tanks.
After receiving millions in campaign donations from the defense industry, members of the House committee overseeing Pentagon spending added provisions to an upcoming bill that would allow contractors more leeway in charging the Defense Department.
After receiving millions in campaign donations from the defense industry, members of the House committee overseeing Pentagon spending added provisions to an upcoming bill that would allow contractors more leeway in charging the Defense Department.
jacobin.com
year after military contractors were caught dramatically overcharging the Pentagon, a bipartisan group of lawmakers who’ve been showered with campaign donations from the military industry is pushing a bill to make it even easier for those companies to rip off the Defense Department, according to our review of the bill.
After receiving more than $3.8 million in 2024 campaign donations from political action committees and individuals associated with the military industry, members of the House committee overseeing Pentagon spending just inserted two provisions into an
upcoming bill that would exempt many more private products and services from competitive pricing guidelines and provide contractors far more leeway in what they can charge the Defense Department.
Last year’s Pentagon spending bill totaled nearly
$884 billion. Over the past decade, more than half of that budget has gone to military contractors, according to an
analysis from the Quincy Institute for Responsible Statecraft, a nonprofit think tank. Many of the
top military contractors — including Boeing, RTX Corporation, Lockheed Martin, General Dynamics, and Northrop Grumman —
have seen sizable stock-value increases since the war in Gaza began in October 2023 while
shooting down shareholder efforts at increased transparency.
The provisions in the 2025 Pentagon spending bill are part of the 344-page
National Defense Authorization Act of 2025 (NDAA), an annual piece of legislation that outlines policy and funding for the Defense Department. The provisions in question — Sections 811 and 812 — make good on a wish list of policy changes that many military companies have been lobbying on for years, said Julia Gledhill, a research associate at the
Stimson Center, a nonpartisan think tank focused on international security.
“These provisions are terrible policy and [the military] industry might as well have written them,” Gledhill told us. “It’s really clear that [military contractors] don’t want us to know their profit margins, so they’re just trying to further conceal their costs.”
The Pentagon spending bill was drafted by the House Armed Services Committee, which has been a focus of campaign donations from the military industry. So far this election cycle, military industry political action committees and affiliated individuals have given more than $3.8 million to the
fifty-eight members of the committee, according to data
compiled by OpenSecrets.