“A high proportion of money spent on defense goes back into the U.S. economy”

Fat-neck Fred is wroang. Military spending harms the economy.

The Myth of War Prosperity
- by Anthony Gregory: http://www.fff.org/freedom/fd0612g.asp
- by Robert Higgs: http://video.google.com/videoplay?docid=-8269827203899463305
- by the Hon. Rep. Ron Paul: http://www.house.gov/paul/congrec/congrec2003/cr030403.htm

Military Spending is a subclass of what Austrian economists call ‘The Broken Window Fallacy’

http://www.google.com/search?q=bastiat+%22broken+window+fallacy%22

In great empires the people who live in the capital, and in the provinces remote from the scene of action, feel, many of them, scarce any inconveniency from the war; but enjoy, at their ease, the amusement of reading in the newspapers the exploits of their own fleets and armies. To them this amusement compensates the small difference between the taxes which they pay on account of the war, and those which they had been accustomed to pay in time of peace. They are commonly dissatisfied with the return of peace, which puts an end to their amusement, and to a thousand visionary hopes of conquest and national glory from a longer continuance of the war

I think it’s quite appropriate.

This is the war, and we’re winning it.

Good God, man. I’m speechless and totally dumbstruck. I guess the first words that should come out of my mouth are THANK YOU.