Terminal High-Altitude Area Defense (THAAD) has not been demonstrated to work effectively. It pushes China and North Korea to spend more money on more missiles to overwhelm THAAD (just as the U.S. is moved to spend more money on missile upgrades to counteract the missile defense of other countries). And it is a poor substitute for arms-control negotiations.
If there's one thing we should have learned over the past 13 years of war, it's that war is good business for those in the business of war. Unfortunately, while profits for the Pentagon's contractors increase, so does the cost to taxpayers in billions in waste, fraud, and abuse. As America embarks on yet another war in the Middle East, Congress needs to act now to stop this unjustified bonanza for the Pentagon's contractors. The most recent wars in Iraq and Afghanistan offer an ominous example about what can happen when the rush to war is met with sharp spending increases coupled with little to no oversight or fiscal restraint.