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OpEdNews Op Eds    H2'ed 8/21/15

When $8.5 Trillion is Chump Change

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David Swanson
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It is common to think that, because many people have jobs in the war industry, spending on war and preparations for war benefits an economy. In reality, spending those same dollars on peaceful industries, on education, on infrastructure, or even on tax cuts for working people would produce more jobs and in most cases better paying jobs -- with enough savings to help everyone make the transition from war work to peace work.

Military spending diverts public funds into increasingly privatized industries through the least accountable public enterprise and one that is hugely profitable for the owners and directors of the corporations involved -- thus concentrating wealth.

While war impoverishes the war making nation, can it nonetheless enrich that nation more substantially by facilitating the exploitation of other nations? Not in a manner that can be sustained.

Green energy and infrastructure would surpass their advocates' wildest fantasies if the funds now invested in war were transferred there.

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David Swanson is the author of "When the World Outlawed War," "War Is A Lie" and "Daybreak: Undoing the Imperial Presidency and Forming a More Perfect Union." He blogs at http://davidswanson.org and http://warisacrime.org and works for the online (more...)
 
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