notes@ucbcad.UUCP (10/14/83)
#R:utcsrgv:-244200:ucbcad:100001:000:616
ucbcad!moore Oct 13 17:43:00 1983
Spending money on military HARDWARE which hopefully just sits
around until it is junked is not just worse from a humanitarian
point of view. It dissipates capital from the economy.. instead of
that money going back into the economy to stimulate consumption,
the finished product sits in a stockpile.
What? How does "military HARDWARE" differ from any other consumed
good in that respect? Your toaster, television set, etc. don't
go back into the economy. Only investement in tools and raw
materials would aid further production and more jobs.
Peter Moore
moore@Berkeley
ucbvax!moore