Monday June 6, 2016
Who says nothing is made in the USA anymore?
Certainly not the well-heeled denizens of the State Department’s diplomatic corps. And they should know. That’s because they’re stationed on the frontlines of the ongoing battle to preserve Uncle Sam’s dominant market share of the global weapons trade. Luckily for the Military-Industrial Complex, it turns out that “Made In the USA” inspires a lot of brand loyalty, even if actual loyalty is often a harder sell (paging Saudi Arabia). To wit, not only was America the world’s leading arms dealer in 2014 with $36.2 billion in sales, but it topped that 35% surge in sales over 2013 with yet another profitable spike to $46.6 billion in 2015.
As Stockholm International Peace Research Institute (SIPRI) determined in its recent report on the global arms trade, the United States maintains a commanding “33% share of total arms exports” and is the world’s top seller for five years running. And its customer base includes “at least” 96 countries, which is nearly half of the world’s nations. A robust 40% of those exports end up in the Middle East. Perhaps that’s why the State Department is so darn bullish on the prospects of Uncle Sam’s booming business of selling things that go “boom!”