POTENTIAL FOR EXPANSION OF NATIONAL SECURITY PROGRAMS - A STUDY OF ECONOMIC FEASIBILITY
STANFORD RESEARCH INST MENLO PARK CA
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This study was designed to investigate the total amount of resources that the United States could devote to national security programs, assuming continuing peacetime, cold-war conditions during the decade of the sixties. Specifically, it considers the feasibility of achieving certain levels of expansion of total national security expenditures, within the short leadtimes of a three-year buildup, as well as the longer-run rates of continued growth of these expenditures that could be sustained thereafter. Feasibility is evaluated in terms of resource availabilities and tax requirements, monetary policy, inflation, need for direct controls, the international balance of payments, and associated levels of other government activities and of private in vestment and consumption. No attempt is made here to evaluate the necessity for any given defense programs or any particular level of security expenditures. Efficiency in existing and new programs, and economies in government operations are considered to be outside the scope of this inquiry.
- Economics and Cost Analysis