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Off Topic / Re: The General Political Thread
« on: September 25, 2017, 12:36:08 am »http://watson.brown.edu/costsofwar/costs/economic/economy/employmentThey already did a study, every $1b spent on military equates to around 11,000 jobs, so this $80B increase will provide hundreds of thousands of jobs in a skilled sector which relies on military contracts.
Rubbish. That money comes from taxation or borrowing (and the latter gets paid back by taxation anyway). You're taking money out of people's pockets in order to pay for ships and missiles. If you didn't take it out their pockets they'd spend it themselves in ways that would create just as many jobs if not more (since it's inefficient to tax and spend given you need to pay the bureaucrats to administrate it).
If the aim is to create jobs then increasing government spending makes no sense unless you're in a recession, and even then you always borrow the money rather than increase taxes.
That's my source, analyze it yourself, I just had it saved from a paper I had to do last year