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by churchill
635 days ago
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Digging a hole and covering it at a cost of $22 trillion will double America's GDP overnight. But it doesn't create value for anyone. All it does is transfer money to the contractor doing the digging (in America's case, the military-industrial complex) while everyone else becomes poorer. $8 trillion has been spent on the War on Terror so far. Like I said in another comment, that's enough money to build 80 million $100k homes, or reduce America's debt by 25%, or pay off all student loans, or build 400,000 KM of high-speed rail at $20M/km, or give every American taxpayer a one-time check of $48k, etc. Every bomb dropped on Afghanistan or Iraq was money diverted from something else useful the US could have done. |
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