Don’t Build A Ghost Fleet Authored by Steve Cohen via RealClearDefense, The Trump administration seems serious about resurrecting a domestic shipbuilding industry and increasing the size of the Navy. Both are admirable objectives, and neither is possible without the other – assuming that Congress could put aside partisan trench warfare long enough to agree on a multi-year Defense appropriation. There is broad agreement that the Navy needs about 85 additional ships to do the jobs the nation expects it to do. This will cost nearly $1 trillion. That is about $40 billion annually for 25 years – about double what… — Continue at ZeroHedge News : Read More
