Defense spending means that the government is pulling away resources from the uses determined by the market and instead using them to buy weapons and supplies and to pay for soldiers and other military personnel. In standard economic models, defense spending is a direct drain on the economy, reducing efficiency, slowing growth and costing jobs.
This article is very interesting.
Read the rest at: GlobalResearch.ca
For more news like this go to NoAgendaShow.com and Gitmo Nation Roundtable.
For lively discussion on this topic and more go to NoAgendaForums.com and NoAgendaChat.com.