Birdjaguar said:
Get out and vote!
I question both of these statements. Are you saying that increased defense spending does not fuel economic growth, but spending on education does?
1. No kidding.
2. Yes, that's what I'm saying.
Military spending sinks huge sums of money into transitory assets. Refit, re-arm, obsolete. It also pays for hundreds of thousands of people to go jogging and not much else.
- pro-military spending cite benefits to local communities of weapons production facilites, and bases - these benefits are no more than those presented by education facilities.
Education actually invests in something lasting, and those it employs are constantly investing into society.
Military spending has shown direct and evident correlation to economic growth in the USA.
High spending, lower growth, lower spending, higher growth.
This has shown throughout the world.
This is all obvious, unless you subscribe to the 'draft 'em and arm em' approach to reducing unemployment and stimulating growth. The affect at first appears positive, but impacts negatively latter.
The money has to come from somewhere, and military does not invest in society.
I don't think there is a point in history where high military spending did not negatively affect an economy - the few apparent exceptions are only thus due to other factors - consider the US economy post WW2, it's positive condition due to other factors, such as favourable import/export and the dollar/gold system. Also contrast USSR with USA - each with apparently high military spending, but one investing more in other, more developmental areas.