Re:The US Army spent millions developing giant, six-legged w...
by jpxw on Tuesday September 08, 2020 @03:33AM
(#24406042)
Yeah it’s a ridiculous argument. The money being spent on those jobs is taken by force (which has an unmeasurable chilling effect on the economy), and then allocated according to central planning, inevitably in a way far less efficient than the market would.
There was actually a great response by a member of the German Labour Party (SPD) in the discussion about the spending on the Eurofighter project (sometime in the 90s IIRC). His response to the jobs argument was: We could also build a pyramid in honour of Helmut Kohl and it would create a lot of jobs, that doesn't mean it's a good idea.