4 ms·
Sure, but you can't discount all the US jobs created for defense industry and mercenary corps /s
by marricks 5y ago
Sure, but you can't discount all the US jobs created for defense industry and mercenary corps /s
- Ericson2314 5y agoUBI would have generated those same jobs with new consumption! :) Just you know, jobs in service of productive things, and the Halliburtons might actually have to, gasp, compete.
- js2 5y agoI know you're being sarcastic, but it's pretty widely agreed for a very long time that defense spending is an inefficient way to create jobs. Here's an article from 1983: https://www.nytimes.com/1983/10/16/jobs/defense-spending-its-effect-on-jobs.html https://www.nytimes.com/1983/10/16/jobs/defense-spending-its... > According to the study, for every $1 billion spent by the Pentagon to buy goods and services, 28,000 jobs are created in the private sector. The same investment would create 32,000 jobs if spent on public transportation, 57,000 if used for personal consumption and 71,000 jobs if spent on education, the report contended.