|
|
|
|
|
by AlexandrB
439 days ago
|
|
This is "broken window fallacy"[1] territory. In economic terms defense spending is mostly waste because a lot of it doesn't get used (hopefully) or gets used to blow other stuff up causing net damage. The fact that it creates jobs is better than nothing, but spending the same money on infrastructure would increase the future productivity of the country. [1] https://en.m.wikipedia.org/wiki/Parable_of_the_broken_window |
|
It also is meant to keep American industry active (to some degree) in case it is needed.