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Major Nikon

(36,925 posts)
19. Military spending is a piss-poor way to stimulate the economy
Tue Aug 16, 2016, 09:50 PM
Aug 2016

This is especially true when there is no added economic protections you are gaining by that spending. Saint Ronnie loaded Cold War 2.0 during a time when the USSR was already swirling the drain. So the myth that Saint Ronnie beat the Soviets is just that. The fall of the USSR would have happened with or without his efforts. If anything, Saint Ronnie extended the Cold War by giving the Soviet hardliners more fuel to keep it going for as long as it did. So the reality is that he pissed away around a $trillion 1980's dollars. Although increased military technology occassionally has civilian applications, usually it just manages to kill more people more efficiently.

Had Saint Ronnie invested in infrastructure or education rather than the military, the economic returns would have been an order of magnitude higher.

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Say to conservatives that RayGun tripled the national debt and their reply is "he had to" and its uponit7771 Aug 2016 #1
That and unemployment skyrocketed during the 1st quarter FreakinDJ Aug 2016 #4
+1 uponit7771 Aug 2016 #15
He tripled the debt. louis-t Aug 2016 #2
Just like everything else, Dark n Stormy Knight Aug 2016 #3
That's it nikto Aug 2016 #20
Massive government DEFENSE spending. Enriching crony supprters. Crumbling infrastructure be damned. 63splitwindow Aug 2016 #5
Reagan Should Have Been Hung For Treason Yallow Aug 2016 #6
That word is sure thrown around a lot TransitJohn Aug 2016 #8
Attempting To Get People To Hate Government Instead Of Fixing It Yallow Aug 2016 #9
Unfortunately, your book comports with neither TransitJohn Aug 2016 #11
If true, the October surprise, gabeana Aug 2016 #14
Republicans with their small guvmnt and spending cuts griloco Aug 2016 #7
Yessssirrrree,,,, Cryptoad Aug 2016 #10
Reagan benefited from the fact that Carter was able to break OPEC and thus pop the commodity bubble. forest444 Aug 2016 #12
I have been saying this for years. Finally someone wrote an article pointing this out! Quixote1818 Aug 2016 #13
It's not a myth rather it's a delusional fantasy that some people cling cstanleytech Aug 2016 #16
Interesting, how everyone now wants to piss on Carter. He wanted us to take our economy in jtuck004 Aug 2016 #17
Well said. forest444 Aug 2016 #21
Raygun sucked. Under his administration the unemployment skyrocketed liberalnarb Aug 2016 #18
Military spending is a piss-poor way to stimulate the economy Major Nikon Aug 2016 #19
When is it going to trickle down to the rest of us? IronLionZion Aug 2016 #22
If it was a "Reagan Boom," then it was also a "Reagan Recession" JackRiddler Aug 2016 #23
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