Cut the Military Budget--II

When I asked him years ago what he thought about military spending as stimulus, Alan Greenspan, to his credit, noted that from an economic standpoint military spending was like insurance: if necessary to meet its primary need, it had to be done, but it was not good for the economy; and to the extent that it could be reduced, the economy would benefit. Full Story »

Posted by Dwight Rousu

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by Mike Ryan - Feb. 16, 2009
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