Gordon Wagner

Gordon Wagner
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California,
Birthday
September 21
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Graphic Designer / Illustrator. Single father, two teenagers, two cats. Holding together in the suburban badlands near San Diego.

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NOVEMBER 6, 2010 12:57PM

The Real Reason For Obama's Trip To India: ARMS SALES

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The Real Reason For Obama's Trip To India: The Sixth Biggest Arms Deal In U.S. History

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President Obama is traveling to India this weekend to make a $5 billion sale for 10 of Boeing's C-17 cargo planes. If India signs the contract, this would be the sixth biggest arms deal in U.S. history.

This and the pending $60 billion deal with Saudi Arabia will certainly help to jump-start the economy, as they have for the past fifty years.

We've identified the biggest sales since 1973 with help from William Hartung at the Arms and Security Initiative at New America Foundation.

"There's no question it's big business," he said. "But relative to the overall size of our economy and other things we export it's not like these deals will make or break us."


 

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Yes indeedy. One of the main, and now one of the only, drivers of the US economy is arms manufacture and sales. That's been the case for decades, and we can expect China's neighbors to buy more and more arms from us as they grow more nervous about China's rise.
what other industry does america have, anymore. and the beauty of arms sales is, once you make a deal with india, pakistan wants more. sell to saudi, and the israelis want more.

this is a smallish wart on the american face, so many larger ones. my country, tis of thee, i am so glad i got the hell out.
Selling weapons is always a good thing from an American point of view, because even if it causes a war, then you get to sell replacements. :)
India turned the US down last week regarding this big arms sale. Went with some European firm instead.