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The money spent on the military does trickle down to create a set of jobs and funds some research work. That said, it doesn't seem like the best capital alloca
by gerash 5y ago
The money spent on the military does trickle down to create a set of jobs and funds some research work.
That said, it doesn't seem like the best capital allocation. Spending so much human capital, time and effort on trying to put together metal objects which either shoot bullets or blow up isn't the most useful endeavor esp. when there is not much competition to necessitate the efforts.