Military-Industrial Complex Equals Jobs

Started 10 months ago | Discussions thread
boggis the cat
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But fewer jobs than any other government spending
In reply to coastcontact, 10 months ago

coastcontact wrote:

The 223rd and final C-17 cargo plane was delivered to the Air Force last week. The plane was manufactured at Boeing (the old Douglas Aircraft facility) in Long Beach, California. That’s the last airplane manufacturing facility in Southern California. The plant will be closed by 2015 and will result in the loss of 3,000 jobs.

Here is the problem. While Boeing cited sequestration, the Pentagon has made it clear for several years that it didn’t require more C-17s. However, lawmakers pushed through more orders to preserve jobs.

As reported in Businessweek, October 29, 2009, “Every year since 2006, the Pentagon has said that it has enough C-17s. And every year, Congress overrules the military and authorizes funds for additional planes. In October the Senate approved $2.5 billion in the 2010 budget for 10 more C-17s, which would bring the fleet to 215.”

The United States has created high paying jobs by ordering complex technology and other aerospace/biotech products from American companies. To a great extent the military-industrial complex has been the driver of jobs.

We give $1.3 billion of aid to Egypt in the form of military hardware. We even gave Russia $126 million in aid in 2010.

Is this the only way we can provide our citizens with good jobs?

No.

And if you wanted to create jobs for the many, instead of increasing profits that go to a very few, you would direct government expenditure into investment that is job-intensive, such as rebuilding infrastructure like roads and bridges.

Doing so would both broadly boost the economy (average Americans with well-paid jobs and money to spend will do so) and improve efficiency -- those new roads, bridges, rail lines, water and electricity reticulation systems, etc. are all investments that generate an economic return far above the initial investment over time.

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