montelatici
Gold Member
- Feb 5, 2014
- 18,686
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Oh, phoney, you disappoint me, that should read, ...."ISLAMONAZI propaganda and LIES!!!!" You're either slipping or have taken far too many meds today. Also explains why you think Israel is keeping the American economy afloat...
Simple by keeping so many American defence workers in employment, that in turn keep so many other American workers in employment. An example of how it works can be seen in what happened to Consett County Durham when the Steel works shut down in 1980. A total of 5,000 workers were laid off in one small town and the knock on effect caused 30,000 others to lose their jobs. Then many shops closed down and so the ball rolled round and round until Consett became a ghost town with more suicides and cases of depression than anywhere else in the UK. So by closing a small steel works the Government placed 35,000 people out of work and made the majority bankrupt and homeless. The same thing happened all over the Industrial north of the UK when coal mines shut down, and steel works closed rolling mills. My area had a workforce reliant on 3 major industries Iron and Steel, shipbuilding and Chemical. The first to go was the unproductive steel mills that made the steel for the Golden gate and Sydney harbour bridges. Then the shipyards closed down and the demand for steel plate fell overnight and lastly the chemical works started to shut or change ownership. Now from an original workforce in all 3 industries of 250,000 there are less than 10,000 employed in this area.
So do explain how the Israeli's are not helping the American economy by keeping at least half of all defence workers in employment. And don't forget the other workers that rely on their wages to keep them in employment
It is somewhat true that defense spending creates jobs but that is not the whole picture.
Let's say that the government taxes $1000 out of our economy and that money goes to Boeing, whatever. They pocket $200 and circulate $800 through our economy through salaries.
Without that process we would have $1000 to circulate through our economy.
Defense spending is always a net loss.
Maths not your strong point is it as if $1000 is loaned at 10% interest the $1000 is still there and the $100 goes into the coffers for other things. At the same time there is no penalties on exports due to unfair subsidies. I sold steel to the US and to get round 50% import taxes and 50% export taxes we bought an American steel mill. This meant we sent Steel at cost to the US and made more money than American Steel companies in the process. Subsidised Steel making that was legal and not seen as subsidisation.
"Subsidised Steel making that was legal and not seen as subsidisation."
Another Phoenism. You can't make these things up.
