> I realize on HN "defense spending" is the prime evil, but that money also supports (if I had to swag it) hundreds of thousands of US jobs.
If we spent that same money in a different industry it would support hundreds of thousands of jobs there too.
At the extreme we could also spend this money paying people to dig holes and full them and still support just as many jobs.
As a country we have to stop thinking of govt spending as a flat cost and instead get back to thinking of it as an investment.
What does this money gain the country and when? Are we efficiently allocating our capital to maximise our return. When consider at the margin, will additional investment/production in area X get us better return than an additional dollar in Y?
In my opinion education has one of the highest returns available to a govt. And a pittance of the cost compared to other high return options.