Now I understand it has a large impact because of oil prices and the closing of the strait of hormuz, but don't confuse the economic impact of the closing of shipping lanes with something that "exhausts" the US military.
Remember this is the military that spent two decades in Afghanistan and Iraq, using considerably more resources. Those were actual wars, followed by occupations that lasted two decades. And that didn't exhaust the US.
In terms of the Naval cost, it is occupying 15% of ships, with zero ships sunk or damaged. I believe there were 13 soldiers killed during strikes on bases in the area. Those bases have been manned for decades and have not exhausted the US Army. Let's maintain some perspective.
Exhausting key functionality like that will absolutely lead to major losses of things like manpower and ships against a near-peer adversary.
Even with ramp ups, you are looking at 3 to 4 years before extra production actually shows up. And for the really constrained systems like GBU-57, cruise missiles tied to Williams engines, or anything needing Chinese gallium, even that timeline is probably optimistic if China keeps export controls in place.
And this constant comparison to Iraq or Afghanistan just does not hold up. Those were wars where the US could sit in safe zones and strike from distance. A Taiwan scenario is completely different. It is right on China’s doorstep, against a peer the US has never actually faced at this scale. Even the USSR was not comparable in terms of economic integration or industrial strength.
edit:
If the ceasefire collapses this Wednesday as Trump has signaled, these numbers will start moving again, and the replacement time estimates will only get worse because the industrial base hasn't yet begun delivering against any of the surge contracts
I do not think most Americans would care to defend Taiwan, even against the China boogeyman. The practical realities of losing Chinese goods would be a devastating reality few are prepared to face.
I personally would not be willing to do anything to defend Taiwan from China. But then again, I don't support any of the wars we fought in the middle east, either.
At that time, I believed it "We are running out of missiles, we are running out of shells", etc.
But it turns out the US adapted. They increased production, they substituted for next best options, they got other countries to produce for us, and still we have not run out. Not after years of Ukraine.
So I am no longer on the "US is running out of munitions" bandwagon. Plus, this military spending increases productive capacity.