Thursday, March 21, 2013

The defense budget...

What they don't tell you: is that a great deal of it is "Military Keynesianism", meaning that the defense spending is a constant stimulus to the economy that's not acknowledged as such. If military spending went down, which I think it should, we'd have to fund the stimulus in an outright way. It's ironic that there's so much opposition to Obama's above board stimulus whereas the defense manufacturing spending is deliberately spread across every state, providing jobs and cash to people in those states. The massive infusion of pork that a huge number of congress people take home provides the basis for this below board stimulus of the economy. We should be honest about it, and spend our money elsewhere than in buying military equipment...like in public improvements to our infrastructure.

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