Question: Which form of government spending is the most productive for all of the people?
And you would think that it must be food stamps, because they give people money to eat. Or education spending, since it is supposed to improve the mind. Or housing subsidies.
Wrong. It is military weapons spending. And here is why:
Note that the question is “Which form of government spending is the most productive for all of the people…” And therein lies the key. Because while housing subsidies and food stamps help some people who are down on their luck – or downright lazy – it is military weapons spending that actually returns the most to the overall economy and to all of the people not only in dollars and good jobs, but in crucial new technology and best of all in a strong military that keeps our nation free. Period. End of story. It is a win-win-win-win.
Weapons spending benefits us all since the ideas needed by the military like jet engines or computers or better metals always encourage the most advanced technology and employ the smartest people. These ideas then become a gift to the economy in general.
So if we are going to spend $1 million on military weapons or spend it on food stamps, the military spending will produce an infinitely greater return to the economy. This does not address the issue of people needing food stamps and other handouts. It is simply a straightforward economic comparison.
Throughout history military technology has always filtered out into civilian life. For example the technology to make bronze weaponry in Ancient Greece then became useful for civilian applications of bronze and then other metals. In our modern day the internet itself started as a US Defense Department project. The Global Positioning System was initiated, researched, developed and deployed by the US military and now helps all of mankind anywhere on earth, for free. It never runs out or stops working or asks for fees or taxes. It is a gift to all mankind from the American taxpayer via the US Defense Department.
Have American food stamps ever benefitted the people of Japan or Peru?
I don’t think so…
In the first half of the 1940s heavy US military weapons expenditures on hundreds of thousands of tanks, planes, trucks, ships, etc., for World War II produced a huge economic boom. Not only did it help to win the war and maintain ours and Europe’s freedom but it produced new technology and then stimulated the economy immeasurably, even until today.
This is one reason that the US economy has been the strongest in the world. This in turn has supported the global economy since the US has been known as the “economic engine of the world”… until Obama ruined us, that is.
Meanwhile these socialist European nations not only have had relatively stagnant economies from their high taxes, big government bureaucracies and indolent workforces, but also because they have small militaries and little technology produced from these militaries. Much of the modern technology powering Europe today came from the United States, including electricity and computers.
At the same time the United States spent trillions to keep American troops and advanced military hardware in Europe from the end of World War II until 1991 to defend the Euros against a Soviet communist invasion since the Euros were too stupid and lazy to defend themselves. No, they were busy trying to figure out how to cut the work week down to 18 hours.
Back in 1941 eight years of heavy US government spending on make-work projects and handouts under socialist Democrat president Franklin Roosevelt had failed to end the economic depression of the 1930s. Here is a quote from Roosevelt’s own Treasury secretary Henry Morgenthau speaking in 1941 about the expenditure of large sums of taxpayer cash since Roosevelt had taken office in 1933:
“We are spending more money than we have ever spent before, and it does not work. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. I say after eight years of this administration, we have just as much unemployment as when we started and an enormous debt, to boot.”
But with huge military expenditures from 1941 to 1945 the American economy soared and continued soaring for 60 years. Yet liberals say over and over that military spending harms the economy. But if you look at the American economy since 1941 it has thrived along with heavy military weapons spending. So how do liberals explain that?
They don’t. They just keep saying the same thing over and over, just like they repeat “climate change” over and over and over as if it is the truth.
Nancy Pelosi, the former Democrat speaker of the US House of Representatives, said this about the return to the economy from government handout programs: “It is the biggest bang for the buck when you do food stamps and unemployment insurance. The biggest bang for the buck.”
Well, if this were true then black inner-city America would be thriving instead of tumbling into an economic abyss.
In the 1980s conservative Republican US president Ronald Reagan proved the value of military spending. He increased it substantially over Democrat Jimmy Carter who had slashed it even as the communists in the Soviet Union were marching all over the globe.
The 1980s were a time of economic boom, fueled by huge amounts of new defense spending. Revenues to the government skyrocketed. Reagan even made a famous speech in 1983 calling the Soviet Union an “evil empire” and proposing the Strategic Defense Initiative (SDI), also known as Star Wars, a space-based system of lasers to kill Soviet missiles in flight.
American liberals ridiculed and hated Star Wars because they said it would never work, while many liberals secretly loved the Soviet Union. But the Soviets, who ran a truly evil empire that couldn’t make a safe dinner fork, ultimately knew that they could never compete with American technology. Star Wars was never built, but its very suggestion played a big role in winning the Cold War without firing a single shot.
So these weapons produce huge dividends… even when they are not even built.
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