Main battle tanks are probably less useful in the future of armed conflict due to the effectiveness of drones.
Spending on childcare means we need to offset those debts with other revenues.
We have close to full employment, so I'd argue that freeing up labor isn't as strategic as other categories of spending.
It all depends on what you want to prioritize. For the long term health of the nation, these areas seem key for continued economic resiliency:
- pay down the debt so it doesn't spiral out of control (lots of strategies here, some good, some bad: higher taxes, lower spending, wanton imperialism, inflation, etc.)
- remain competitive in key industries, including some catch-up: robotics, batteries, solar, chip manufacture
- if we're going for a multipolar world / self-sufficiency play, we need to rebuild the supply chain by onshoring and friendshoring. This means the boring stuff too, like plastics and pharmaceutical inputs.
- lots of energy expansion and infrastructure