Friday, March 17, 2017

Military Economy

The funny thing is that military spending doesn't actually help the economy. All other goods and services in the economy are used in some way to help create more goods and services. The exception is the military spending. All military manufactured goods are not then used to create more wealth -- they are stockpiled and effectively removed from the economy. Military spending is like throwing the money in a hole, or burying it. The economic advantage ends, stops, and the products are not reused to create more wealth -- only to stagnate or actually destroy wealth (if they are actually used).


Just think it through. A stapler can be used to create more wealth. A refrigerator can be used to create more wealth. A pair of shoes can be used to create more wealth. A bag of carrots can be used to create more wealth. A raincoat can be used to create more wealth. Same with sandwiches, coats, cars, planes, books, ink, paper, and medicine. Only Military hardware has no constructive economic use. It is stockpiled or used to destroy wealth and destroy lives. Military spending stops the chain of wealth producing investment. Military spending is not an investment. Military spending is either stagnation or destruction and death.

copyright (c)2017
William Schaeffer

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