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17. Let's be careful here: If we can get Repugs to understand that defense spending helps the economy...

Wed Jan 30, 2013, 06:20 PM

Jan 2013

...then they're basically admitting that Keynesian economics works.

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Why do cuts in defense spending hurt the economy? Pretend I'm a 5th grader. [View all] raccoon Jan 2013 OP

Because the defense industry is huge sharp_stick Jan 2013 #2

Right... it is stimulative, but something of a dead end jberryhill Jan 2013 #6

I dunno. The Internet? GPS? Recursion Jan 2013 #10

That's small potatoes jberryhill Jan 2013 #15

there is a multiplier effect for military spending as well karynnj Jan 2013 #11

Plus the investments that are made Recursion Jan 2013 #13

I'm pretty sure the Internet is a net positive for the economy (nt) Recursion Jan 2013 #12

Since you are going to keep repeating this jberryhill Jan 2013 #16

The military was involved in the development of the net, but... immoderate Jan 2013 #20

There's a reason nobody remembers Banyan Vines Recursion Jan 2013 #21

I was thinking of the system at NPL, in Britain. immoderate Jan 2013 #22

So until recently I contracted for the Navy Recursion Jan 2013 #7

Cuts in spending for ANYTHING mean fewer dollars going out karynnj Jan 2013 #8

Exactly right Blecht Jan 2013 #14

Because. Rex Jan 2013 #9

This is why: baldguy Jan 2013 #18

There's something called "The General Macroeconomic Equation," laid out below: coalition_unwilling Jan 2013 #19