Re: Proposed reduction in the size of the US Military
All true, but the problem with military spending is that unless the weapons are used, they just sit and pile up. Once they're made, the weapons add nothing back to the economy. They aren't used to produce more goods and services like other manufactured products So while military spending is a very important part if the economy because it keeps lots of people employed, it really is nothing but a government subsidy. We'd be better off reducing the size of the military and redirecting subsidies to projects and business that add long term value to the economy and society.
Every gun that is made, every warship launched, every rocket fired signifies in the final sense a theft from those who hunger and are not fed, those who are cold and not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.
- Dwight D. Eisenhower