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Thursday, June 23, 2011

The Military as a Jobs Program: There Are More Efficient Ways to Stimulate an Economy

Ellen Brown, Truthout: "The military is the nation's largest and most firmly entrenched entitlement program, one that takes half of every tax dollar. Even if 'national security' is considered our No. 1 priority (a dubious choice when the real unemployment rate is over 16 percent), estimates are that the military budget could be cut in half or more and we would still have the most powerful military machine in the world. Our enemies (if any) are now 'terrorists,' not countries; and what is needed to contain them (if anything) is local policing, not global warfare..... The military is not subject to ordinary market principles, but works on a 'cost-plus' basis, with producers reimbursed for whatever they have spent plus a guaranteed profit.
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