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US warships cost at least twice as much as they should

2 years 7 months ago
CNN has a remarkable story today about the vast difference in cost between warships built in the US and those built in Japan: The country’s newest Maya-class destroyers are armed with 96 VLS cells that can fire both anti-ballistic and anti-submarine missiles, while the “quality of its sensors and systems stands at the very top ...continue reading "US warships cost at least twice as much as they should"
Kevin Drum

This Week In Techdirt History: May 28th – June 3rd

2 years 7 months ago
Five Years Ago This week in 2018, the core Vevo product flopped in yet another example of record labels underestimating and misunderstanding technology, while the industry was displaying its hypocrisy in its latest legislative push. EU Parliament members were also playing hardball on their terrible copyright policies, while we looked at how Swedish copyright trolls […]
Leigh Beadon

Raw data: Interest on the national debt

2 years 7 months ago
According to the CBO, interest payments are going to hit a postwar high within ten years: The previous postwar record was set during the Reagan era and peaked at 3.1% of GDP. CBO estimates that interest payments will attain that level again in 2028 and then keep climbing until they reach 3.7% by 2033.
Kevin Drum