The Permanent War Economy and De-industrialization

(Image: Detroit, Michigan, the former centre of America’s auto industry. Source) Politicians of all political stripes like to dress inflated military budgets, and the wicked arms deals that frequently accompany them, in terms of “job creation.” Former U.S. Defense Secretary Leon Panetta, arguing against any reduction in military funding, claimed that any decrease “would resultContinue reading “The Permanent War Economy and De-industrialization”