The president and his advisers settled on an answer that could just as easily have come out of the mouth of Donald Trump: Jobs, jobs, jobs. Yes, military spending did indeed help America recover from the Great Depression but not because it was military spending. Any kind of spending at the levels devoted to fighting World War II would have revived the economy. — military spending. Diminishing returnsIn recent years, the Pentagon budget has approached its highest level since World War II: $886 billion and counting.

Source: The Guardian February 28, 2024 05:34 UTC