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Trump’s huge military budget will accelerate U.S. economic decay

May 30, 2025 Gary Wilson, Struggle La Lucha

President Donald Trump delivered a rally-style commencement speech at the U.S. Military Academy at West Point on May 24, aggressively promoting militarism, nationalism, and his ongoing attacks on diversity, equity, and inclusion (DEI) as well as transgender rights.

Addressing the graduating cadets, Trump glorified the U.S. military as “the greatest and most powerful army the world has ever known,” claiming personal credit for its expansion during his first term.

“I rebuilt the army and the military like nobody has ever rebuilt it before,” Trump boasted, putting military power at the center of U.S. global dominance.

Trump intensified his militaristic agenda: “We’re getting rid of the distractions and focusing our military on its core mission: crushing America’s adversaries, killing America’s enemies, and defending our great American flag.”

Trump said that’s why the U.S. will invest in new tanks, planes, drones, ships, and missiles. In addition, the U.S. will build the Golden Dome Missile Defense Shield, which has been described as a $175 billion fantasy and a boondoggle for Elon Musk’s SpaceX.

He also praised recent reactionary policies designed to dismantle DEI programs in the armed forces. 

The Trump administration has moved to ban trans troops from the military — a decision the Supreme Court upheld earlier this month. Trump’s policies have reintroduced a discriminatory ban on transgender military personnel and imposed new uniform physical standards aimed at severely limiting women’s participation in combat roles.

Unprecedented military expansion

On May 2, Trump released his budget request for 2026, dubbed the “One Big Beautiful Bill.” Over 75% of Trump’s budget is allocated for the military and police.

In the budget proposal, military spending is $1.01 trillion, accounting for approximately 60% of the total requested. For the non-military Departments of Homeland Security, Justice, and Veterans Affairs, the request is $272.2 billion.

Funding for departments whose primary purpose isn’t military, military-adjacent, or policing is $409 billion, or only 24% of the budget. 

The proposal includes $163 billion in federal spending cuts, all of which target non-defense programs. For a breakdown of the cuts, see: Trump’s ‘big beautiful’ cuts to Social Security, Medicare, Medicaid and more.

Military Keynesianism 

Both Donald Trump and Joe Biden have argued that increased military spending and the production of armaments will reindustrialize the country and create jobs, using this rationale to justify historically large Pentagon budgets. And completely ignoring that military expansion is not, in any way, shape, or form, reindustrialization.

Trump has explicitly said it would provide unmatched military strength and support job creation through the purchase of new equipment and capabilities, mirroring the arguments made by Democrats, including Biden, about the economic benefits of Pentagon budgets.

The Biden administration promoted the jobs argument, especially when seeking support for military aid to Ukraine, Israel, and Taiwan. Biden described the U.S. arms industry as the “arsenal of democracy,” emphasizing the economic benefits to states involved in weapons production.

Military Keynesianism is an economic policy approach that advocates for sustained, high levels of military spending as a primary tool for government stimulus and economic growth, based on the core principles of Keynesian economics………………………………………………………………………………………………………………………. https://www.struggle-la-lucha.org/2025/05/30/trumps-big-beautiful-budget-military-spending-soars-accelerating-u-s-economic-decay/

June 5, 2025 - Posted by | USA, weapons and war

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