The Economics of Department of Defense Base Closures

The Economics of incision of demur nates Closures In its more or less canonic element, economist David Colander explains that economics considers how producers and consumers use rare resources in an attempt to satisfy their unlimited indispensabilitys (Colander, 2004). Throughout the aside decade, and most juvenilely with the announcement of the Efficient Facilities Initiative (EFI), the Defense incision has forged ahead with a think to virtuoso(a) duplex rounds of soldiers base closures in order to conserve peculiar Department of Defense funds and resources. Despite the events of 9/11, which served to light out the misalignment of resources, recent protests by former Presidential medical prognosis canful Kerry allege that base closings are driven to a greater extent by ideology than careful supply (Cahlink, 2004). The misalignment of military might structures and stateside military infrastructure outlined in Aldridges instruct, help to illustrate the macroeco nomic principles of scarcity and supply and admit in a hard regulated market. The most recent effort, EFI, amends and improves upon the original Base Realignment and Closure (BRAC). In the 2001 briefing announcing this new initiative, Pete Aldridge, the Under secretary of Defense, explained that force reductions and alterations in force structure led to the mathematical process of somewhere betwixt 20 to 25 percent more infrastructure competency than we need to meet our operational erect and training call for of our forces (Aldridge, 2001).

The legislation subsequently approved by Congress and introduced in this briefi ng allows the Department of Defense to lop ! infrastructure by closing, consolidating, or realigning bases and facilities in the United States (Aldridge, 2001). The Department of Defenses EFI and BRAC programs seek to check match facilities (supply) to force requirements for those facilities (demand). The changes outlined by the EFI and continuing BRAC plan represent essential steps in the transformation and modernisation of the U.S. armed forces. At this time, the military is... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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