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View Diary: Budget sequester or no, Pentagon still will spend like a drunken sailor to fight 20th century wars (70 comments)

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  •  $1.2 Trillion is what we spend on "defense"... (20+ / 0-)

    ...these days, on an annual basis (which is about twice what's formally/"technically" acknowledged in D.C.), our government memes to the contrary.

    Here's a LINK to a comment I made in another diary, yesterday, which provides details and extensive links about these inconvenient, greater truths.

    "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

    by bobswern on Tue Feb 19, 2013 at 12:33:12 PM PST

    •  Meanwhile... (10+ / 0-)

      ...we frequently point out that the GOP are the great obfuscators in our House of Rep's (and, that is true, IMHO), but what about the 93 Democratic congresspeople that didn't sign THIS the other day?

      (I know this is slightly off-topic, but there ARE a lot of elected Dem folks in many states that rely upon the M.I.C.; and, in many instances--and for a variety of other reasons, too--there are those in our own Party that aren't exactly getting with the proverbial program!)

      "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

      by bobswern on Tue Feb 19, 2013 at 12:49:18 PM PST

      [ Parent ]

    •  But even though we spend the most on defense (7+ / 0-)

      of any nation on earth, just as with our health care system, we don't really get our money's worth, do we?

      Guessing: what we could save on worthless defense spending would more than cover what we need for an efficient national health care system.

      Or that money, talent and labor could go to strengthening the national infrastructure.

      Citing the Bible as proof of God is like citing comic books to prove the existence of Superman. (h/t to Stevie Ray Fromstein @ TheHolyAtheist.com)

      by rdbaker43 on Tue Feb 19, 2013 at 02:18:59 PM PST

      [ Parent ]

      •  We don't according to this report, military.. (1+ / 0-)
        Recommended by:
        bobswern

        ..spending is an inefficient way to create jobs.
        Department of Economics and Political Economy Research Institute (PERI) - PDF - December 2011

        This study focuses on the employment effects of military
        spending versus alternative domestic spending
        priorities, in particular investments in clean energy,
        health care and education.

        We first present some simple alternative spending scenarios, namely devoting $1 billion to the military versus the same amount of money spent on clean energy, health care, and education, as well as for tax cuts which produce increased levels of personal consumption.

         Our conclusion in assessing such relative employment impacts is straightforward:

         $1 billion spent on each of the domestic spending priorities will create substantially more jobs within the U.S. economy than would the same $1 billion spent on the military.

        We then examine the pay level of jobs created through these alternative spending priorities and assess the overall
        welfare impacts of the alternative employment outcomes.

        We show that investments in clean energy, health care and education create a much larger number of jobs across all pay ranges, including midrange jobs (paying between $32,000 and $64,000) and high-paying jobs (paying over $64,000).

        Channeling funds into clean energy, health care and education in an effective way will therefore create significantly greater opportunities for decent employment
        throughout the U.S. economy than spending the same amount of funds with the military.

        The conclusion is much more detailed but in short:
        Overall then, as we concluded in the previous two
        versions of this study, there is a great deal at stake
        as policymakers and voters establish public policy
        spending priorities. By addressing social needs in
        the areas of clean energy, health care and education,
        we would also create many more job opportunities
        overall as well as a substantially larger number
        of good jobs.
        Wish we could convince more politicains of all stripes from all districts (with military industries or not) that there are better ways to provide people jobs and opportunity

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