Sunday, January 1, 2017

A Military Economy is no economy at all

A Military Economy is no economy at all.

This is actually a profound realization that the current economic model in USA is broken. Military spending is not beneficial for the economy, because military products are not used to create more wealth. Military products just sit there like throwing money in a pit. Products like a tractor, a book, food, a car, a machine, clothing, shoes, paint, soap -- all work to help people generate more money. Military products just sit there, or actually destroy wealth. In the long run, the economy is doomed.


copyright (c) 2017
William Schaeffer

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