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Road to 350: What Does the US Navy Do Anyway?

$40T in debt and counting... I'm thinking government business and bonds aren't great places to be for long-term planning.

The Brits overcame debt at 260% of their GDP after the Napoleonic wars, but it took a century and an industrial revolution, and they still never got back to where they were before.
Some good charts in here:


Saw another report from the CATO Institute arguing to let Social Security go broke to force the government to cut benefits by 22%. Unbelievable.
 
Update on possible new frigate designs: looking at Japanese, South Korean and Turkish frigates in the 3,000 ton to 4,500 ton range.

Not particularly newsworthy. First step in vanilla cost analysis, which turns into fiction once the vultures arrive with their self-serving requirements.
 
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