Why the Defense Department needs a chief economist
November 5, 2024
The Department of Defense budget is growing, and the DOD is spending more money in novel industries and nontraditional areas than ever before. To ensure the DOD spends smartly in this new environment, Congress should authorize a chief economist to keep the DOD thinking about the dollars and cents of it all.
Since 2000, the DOD has spent more than $15 trillion dollars and has an anticipated budget…
