Wednesday, November 11, 2009

"Massive Defense Spending Leads to Job Loss"

Dean Baker explains:
There is a major national ad campaign, funded by the oil industry and other usual suspects, to convince the public that measures to reduce greenhouse gas emissions (GHG) and slow global warming will result in massive job loss. This ad campaign warns of slower growth and the loss of hundreds of thousands of jobs, possibly even millions of jobs, if some variation of the current proposals being debated by Congress get passed into law.
...
For some reason, no one has chosen to highlight the job loss associated with higher defense spending. In fact, the job loss attributable to defense spending has probably never been mentioned in a single news story in The New York Times, Washington Post, National Public Radio, or any other major media outlet. It is difficult to find a good explanation for this omission.
thanks to alr for the link

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