Saturday, October 21, 2023

Ukraine

It was quite interesting when President Biden explained the war materials we are sending to Ukraine as just using up our old stock which will be replaced with new government orders. This is an example of what Eisenhower meant when he used the phrase military industrial power. Up to this point the big losers in the war have been the Ukrainians and the big winners the US defense contractors. When the government sends $100 billion to Ukraine they are indirectly sending $100 billion to the defense industry. It is true that this provides high paying jobs but this money could be going to building thorium power plants to fight the war of climate change. This too would provide high paying jobs without killing Ukrainians. Just sayin

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