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The ROI is the mitigation of a third world war by a mad despot and the consequential preservation of lives that would otherwise have been lost. It's a hugely va
by eganist 3y ago
The ROI is the mitigation of a third world war by a mad despot and the consequential preservation of lives that would otherwise have been lost. It's a hugely valuable investment once you look at the historical costs of appeasement.
Also, to repeat the point with a bit more nuance: most of the money being "sent" doesn't even leave the US economy until it's in the hands of people e.g as wages. US military procurement rules mean that the aid money going to Ukraine for hardware procurement ultimately only goes back to US equipment manufacturers and other US companies in that supply chain.
Tldr: each aid package is largely a gift card to spend at the Made-In-USA gun store.
- heyjamesknight 3y ago> The ROI is the mitigation of a third world war by a mad despot and the consequential preservation of lives that would otherwise have been lost. It's a hugely valuable investment once you look at the historical costs of appeasement. Citation *massively* needed. There is no evidence that a 3rd world war was mitigated. There is substantial evidence that this war has gone on far longer than it would have if the west had stayed out. > Also, to repeat the point with a bit more nuance: most of the money being "sent" doesn't even leave the US economy until it's in the hands of people e.g as wages. US military procurement rules mean that the aid money going to Ukraine for hardware procurement ultimately only goes back to US equipment manufacturers and other US companies in that supply chain. I understand this. What I do not understand is how making a massive wealth transfer from our children and grandchildren to shareholders of the military-industrial complex is viewed as net-positive economic activity. Taking out a loan against the future productivity of your children isn't suddenly made okay because you spend that money with other Americans to send guns to someone in another country.
- eganist 3y agoIt's net-positive activity full-stop, not just economic activity. The US dollar thrives because it's backed by the full faith and credit of the United States Government. Which in all practical terms means it's backed by our guns, or more precisely our ability to wage war. Closely allied nations and currencies such as the Euro, the Pound, and the Australian, Canadian, and New Zealand Dollars similarly benefit. So in immediate terms you may see it as a wealth transfer, in longer timescales opening up our economic horizons (improving economic and political conditions with our allies and opening fronts for investment with new allies) improves our ability to grow GDP, revenue, our tax base, and our ability to do more business in our own currency. That's pretty much the payoff, if you're looking for one in strictly economic terms.
- heyjamesknight 3y ago> It's net-positive activity full-stop, not just economic activity. Net positive for who? It doesn't seem to be a net positive for Ukraine, who have effectively lost an entire generation of young men. > in longer timescales opening up our economic horizons (improving economic and political conditions with our allies and opening fronts for investment with new allies) improves our ability to grow GDP, revenue, our tax base, and our ability to do more business in our own currency. This is a wildly nebulous claim. At "longer timescales" I can claim the same thing: indebting future generations to help defend non allies ("new ally" is an interesting word for someone who wasn't an ally until they needed our help) without a clear ROI is a fantastic way to slow future GDP growth by continually increasing the amount of debt we have to service.
- eganist 3y ago> Net positive for who? It doesn't seem to be a net positive for Ukraine, who have effectively lost an entire generation of young men. Men who laid down their lives to defend their homeland. This isn't a serious counterargument on your part and devalues your standing as a good-faith participant in this exchange. > This is a wildly nebulous claim The history of our nation as a world superpower disagrees. Cheers.