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diabeticman

(3,121 posts)
Tue Apr 8, 2014, 07:55 PM Apr 2014

Imagine if the Government took 100 Billion from the defense budget and invested in the 99%

the country.

Imagine unemployment wages being covered.

School buildings and education


hiring people to fix roads and bridges


Wouldn't that help to jump start this economy and it might help to jump people into a better wage and better quality of life.


Edit Note: Please keep in mind the latest reports show that the U.S. spends 600 Billion on defense and our "Enemy" China spends a grand total of 59 Billion.

8 replies = new reply since forum marked as read
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Hoyt

(54,770 posts)
2. I'd much rather the money be spent as you suggest; however, not sure of net effect on economy.
Tue Apr 8, 2014, 08:19 PM
Apr 2014

That $100 billion provides a lot of jobs to defense contractors. Again, the shift to non-military stuff would be fine with me.

 

Bigmack

(8,020 posts)
5. Military spending gives less "bang for the buck"..
Tue Apr 8, 2014, 08:45 PM
Apr 2014

.. than social welfare spending.

Take a look at this... note the source...
http://www.theamericanconservative.com/articles/less-bang-for-the-buck/

I can't believe this source actually said: "Obama is a center-left variant of the bipartisan foreign-policy consensus whose basic premises are shared by John McCain, Hillary Clinton, Madeleine Albright, Newt Gingrich, and the Washington Post. He has no intention of withdrawing American troops from where they are stationed around the world, and in fact he is increasing military spending to levels beyond those of Ronald Reagan. Between 2010 and 2013 Obama plans to spend $2.47 trillion on the Pentagon. Were he to be re-elected, he intends to spend another $2.58 trillion. The combined total of $5.05 trillion is a whopping $840 billion in inflation-adjusted dollars more than was spent by the Gipper himself."

Another view... same conclusion.. http://nation.time.com/2011/09/21/study-federal-spending-on-defense-doesnt-create-as-many-jobs-as-education-spending/
" A 2009 University of Massachusetts study on the economics of federal spending found that more jobs are created from each federal dollar spent on education, health care, and clean energy compared to the number of jobs created from each federal dollar spent on defense."

?w=360

 

Tierra_y_Libertad

(50,414 posts)
3. It would be a start towards just being another country among countries rather than a super power.
Tue Apr 8, 2014, 08:31 PM
Apr 2014

An end much to be desired.

Unfortunately, empires rarely give up power peacefully.

Demonaut

(8,914 posts)
4. look......Reagan built the Star Wars defense system and we've never been attacked by Wookies, right?
Tue Apr 8, 2014, 08:43 PM
Apr 2014

sound logic

Nye Bevan

(25,406 posts)
6. That would result in a check for $321.79 for every member of the 99%.
Tue Apr 8, 2014, 08:47 PM
Apr 2014

But I am not taking into account the cost of unemployment benefits and food stamps for all of the defense workers who would be laid off.

mathematic

(1,434 posts)
8. Defense spending is a politically acceptable works program
Tue Apr 8, 2014, 09:07 PM
Apr 2014

It's far past time for everybody to acknowledge this. The left wants works programs. The right says says ok as long as it's defense. Nobody's happy, like any good compromise (lol).

It's not even a terrible works program. The military employs precisely the people that have been left out of the transition from a lower value manufacturing economy to whatever it is we have today. It's certainly better than digging useless ditches, to use the textbook example.

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