Wasted and stolen trillions for war

posted by
July 14, 2011
Freedom's Phoenix
by Stephen Lendman  
Posted in Commentary, PND Commentary

"Military spending affects debt, interest rates, jobs, and investment. While defense related employment increases, more productive sectors lose out, resulting in a net overall macroeconomic loss. Also, while military infrastructure grows, public infrastructure and investment spending suffer, creating what some call an 'infrastructure deficit,' markedly increasing in the last decade to fuel America's war machine." (07/15/11)


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