Okay, today in "Ellie tries to understand financial markets," why is the Coronavirus tanking stocks? 1) it's not going to, like, kill all the consumers 2) it will increase health care costs, and health care is part of financial markets So I'm confused?
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Eisenhower was acutely aware of this, and as our postwar president gave his famous speech about how the "military-industrial complex" robs the rest of the world Small picture, yes, defense moves government spending and creates jobs, but big picture that money is all wasted
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We could be doing literally anything else with the money that went into those jobs to actually make people's lives better overall, we could be using those people's time and talent and labor to build things that feed people or clothe them or house them or entertain them
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It was also a necessary condition in the eventual end of (outright) colonialism, no? How do you put a $ figure on that?
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Necessary seems a very strong argument there
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