Sorry about the previous attempt, new at this HTML stuff.

[capthek]

A New New Deal under Obama?
John Bellamy Foster and Robert W. McChesney
http://www.monthlyreview.org/090201foster-mcchesney.php
With U.S. capitalism mired in an economic crisis of a severity that increasingly brings to mind the Great Depression of the 1930s, it

Comments

[hinoema]

Acknowledged (Office of Management and Budget) U.S. military expenditures in 2007 were $553 billion (4 percent of GDP), while actual U.S. military expenditures were $1 trillion (7.3 percent of GDP). Federal non-defense consumption and investment purchases in 2007 were, according to the Bureau of Economic Analysis, less than half federal defense consumption and investment purchases.

Our argument therefore is simple. Given that a political ceiling on U.S. civilian government purchases as a percentage of GDP has persisted for more than seven decades, it is unlikely that this will change without a massive, indeed social-transformative, struggle, despite a relatively progressive administration and the worst economic crisis since the Great Depression...

At the same time, the notion that military spending can provide an effective economic stimulus under present circumstances is dubious..."

So in essence, military spending dwarfs domestic spending, while military spending prodices far less economic benefit than domestic spending? I'd say that's just common sense.

[capthek]

No, its evil socialism, lol.
: )