Military spending creates fewer jobs per billion than social investments

Evidence

The true costs of the base world are even higher when one considers the trade-offs, or opportunity costs, involved. Military spending creates fewer jobs per billion dollars expended than the same billion dollars invested in education, health care, or energy efficiency—less than half as many jobs as investing in schools, for example. Even worse, while military spending provides direct benefits to military contractors such as Lockheed Martin and KBR, these investments don’t boost long-run economic productivity the way infrastructure investments do. — David Vine, Base Nation_ How U.S. Military Bases…, 653

Categorization

  • corroborated: 2 independent passages support this claim — David Vine, Base Nation_ How U.S. Military Bases…, 653
  • XREF: connects to: Military bases provide weaker economic benefits than commonly assumed — David Vine, Base Nation_ How U.S. Military Bases…, 915

Broader Connections