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Path: utzoo!linus!decvax!microsoft!uw-beaver!ubc-visi!mprvaxa!tbray
From: tbray@mprvaxa
Newsgroups: net.politics
Subject: Re: PWhat if They Threw a War... - (nf)
Message-ID: <411@mprvaxa.UUCP>
Date: Fri, 2-Dec-83 12:38:40 EST
Article-I.D.: mprvaxa.411
Posted: Fri Dec  2 12:38:40 1983
Date-Received: Sun, 4-Dec-83 07:40:08 EST
References: <1165@pur-ee.UUCP>, <389@pyuxa.UUCP>
Organization: Microtel Pacific Research, Burnaby BC
Lines: 25

x <-- USENET insecticide
pyuxa!wetcw argues that all those billions being spent on the military
are providing jobs jobs jobs and not doing the economy any harm.  
Unfortunately, he is wrong wrong wrong.  

It can be shown by simple quantitative macroeconomic analysis that:

1. The performance of the economies of industrialized nations 
   since WWII has exhibited a clear inverse relationship to the
   proportion of GNP spent on military spending - this is true
   both sides of the curtain.  Some economic theorists have a 
   fancy explanation in terms of "production that is never consumed"
   (thank God).  Dunno about that, but the figures are there.

2. Defense manufacturing and R&D is in the lowest few percentiles
   in terms of jobs produced per buck invested.

M. wetcw concludes with: 

   "And, don't bring up the morality of what is in those silos.  That's
    for religion 101, a different net group."

If politics is not to concern itself with morality, we've all had it.

Tim Bray          ...decvax!microsoft!ubc-vision!mprvaxa!tbray