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Defense Spending Driving US Economy

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Of course it's good business. World War II was one big factor of pulling US's ass out of the Great Depression. However, the short term benefit of such war-time economy goes to the big corporations. The average working Joe getes very little of that money spent by the government, other than his monthly wage. In Long-term, the benefit is blurred because many other factors that contributes to the economy other than the enormous Defense spending 5-6 years ago.

It took from Late 1930's (beginning of rearmament of US military + Lend-Lease to Allies) to Early 1950's (Baby Boom, Rise of Suburbs) to show major economic upturn. I would seriously doubt we'll see the benefit of the defense money (which is OURS.. paid by the good ole Tax Paying sheeps) in near future. However, I do see the point that Boeing and other defense contractors needing more workers and thus helping to lower unemployment.
 
Originally posted by: CaptnKirk
Then when you depart the service and need a fresh career, you will be welcome to join a Defense Contractor
and maybe you can obtain a position in the Industrial Engineering Department aand have all the math you need to do.

<a href="http://lmpeople.external.lmco.com/careers/careers.asp">[url]http://lmpeople.external.lmco.com/careers/careers.asp</A>[/q[/url]




Thanks for the link. I hate math which is why I got the OM degreee instead of the IE one. Many of the courses were shared by both programs however.

 
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