Well, at least Martin Feldstein agrees that a fairly large stimulus is necessary. That's a good sign. And spending some of it on the military is not a bad idea. The question is how much spending and on what.
It sounds to me as though Feldstein wants to give the Defense establishment carte blanche without regard to the fact that the establishment is pissing away our money on systems that will be outmoded when ready, supply manageent that deserves a grade of D or less, failure to make reasoned, prioritized, timely decisions.
Would money spent on guns be more productive than money spent on bridges, healthcare, the environment, education? I don't think so.
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