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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (758507)	3/4/2022 10:12:23 AM
From: carranza2	1 Recommendation Recommended By Hoa Hao Read Replies (1) \| Respond to of 793843

Weapons are, from a macroeconomic standpoint, not good investments. An artillery shell, say, is built, supplies economic activity in its manufacture, then explodes. It ceases to supply economic activity. A bridge, airport, dam or other capital good provides efficiencies for its useful life. A bridge reduces transportation costs for decades. A dam can provide electric power for a very long time, etc. Goods destined for military use provide very little in terms of ongoing economic activity. Defense contractors do well, but the populace in general doesn’t benefit much. Infrastructure projects promote ongoing progress for many.