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Will Military Budget Cuts Weaken Defence and Lose Jobs?


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Pollin: "... the Pentagon, part of their industrial policy has been this brilliantly executed plan of having activities in every single congressional district in the country. So every single congressional district in the country benefits from the $700 billion military budget. If we're spending $700 billion, Paul, on the military, we cannot help but create millions of jobs. How could it be otherwise? When you spend that level of money, you're going to create a whole lot of jobs. And I would say roughly 6 million jobs in the economy are tied directly to the Pentagon spending."

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