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Wednesday 16 July 2014
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1 comment:
Re the B2 Stealth Bomber link, which I read. This passage stands out:
That is good news for west-central Missouri. The Air Force reports that Whiteman, which employs more than 7,600 people, had an economic impact on the region of more than $650 million in 2013.
This 'boost' can only come at the expense of American's elsewhere as all these funds must either be taken in taxation from the profits of private business or borrowed in the market. This idea that military spending creates an economic boost is false.
But, I agree that a competent and well equipped military is necessary for defence. But always think of it as an overhead.
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