Without these wars, and the endless-war industrial policy, we could have done some nation-building at home. Think what $3 trillion or more would have built, in infrastructure, research and developing human capital — investments that would have more than paid for themselves in productivity, quality of life, addressing climate change and rebuilding the rungs on the ladder up. As opposed to building weapons that provide little multiplier effect once built and used, and when used in such misadventures as this will just keep adding to the red ink with little benefit. Yet it is the perfect companion for the opportunity costs of also allowing the banks to gamble away our future at the same time.
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