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Reply #92: additionally, military spending creates fewer jobs per dollar than civilian spending [View All]

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Agony Donating Member (865 posts) Send PM | Profile | Ignore Mon Jul-12-10 09:09 PM
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92. additionally, military spending creates fewer jobs per dollar than civilian spending
as shown by this study ----->(warning pdf file) http://www.peri.umass.edu/fileadmin/pdf/published_study/spending_priorities_PERI.pdf

snippet from the conclusion

We have shown the overall employment effects—including direct, indirect, and induced job creation—of spending on the military in contrast with four al-ternative domestic spending categories: clean en-ergy, health care, education, as well as increasing household consumption through tax cuts. Specifi-cally, we have shown that spending on all of these alternatives to military spending create substantially more jobs per $1 billion in expenditures relative to military spending.
It is true that jobs generated by military spending provide higher average levels of compensation. This is primarily the result of substantially more generous benefits provided for employees associated with the military industries than those working in other sec-tors of the U.S. economy. These large disparities in compensation could possibly diminish if, through its current debates as of this writing, the U.S. Congress succeeds in enacting health care reforms that pro-vide broadly-shared benefits for all sectors of the economy.
But even despite these large differences in benefits for employees in the military sector, it is still the case, as we show, that spending on clean energy, health care, and education all create a much larger number of jobs that pay wages greater than $32,000 per year. Spending in these sectors all generate a much larger number of mid-range jobs, paying be-tween $32,000 - $64,000, as well as high-paying jobs that pay over $64,000.
Overall then, as we concluded in the original version of this study, there is a great deal at stake as policy-makers and voters establish public policy spending priorities. By addressing social needs in the areas of clean energy, health care and education, we would also create many more job opportunities overall as well as a substantially larger number of good jobs.

Loonix, thanks for posting... apparently there are more than a few of us who are quite fucking angry at the fucking assholes and their fucking wars and fucking military fucking spending on fucking military fucking bases all fucking over the fucking place**^&%$#$ like we need more fucking bases in Colombia, right?

Cheerio!
Agony
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