||Posted: June 04 2011,08:08
Here is a very simple and clear example of how military spending is linked to economic decline (in this case, economic decline linked to over-dependence on oil). The following discussion comes from online comments by readers to an article by Brian Wingfield, Bloomberg about the use of solar panels to generate electricity.
"# portiz 2011-06-02 08:42
Once you include the subsidies* given to fossil fuel providers, solar is ALREADY cheaper!
*The subsidies give to fossil fuel providers include multiple dumbass wars for oil, drilling/mining on federal lands, environmental damage (think climate change, oil spills, mountain top removal, drinking water contamination, etc.), etc.
# Jackie Morris 2011-06-02 09:45
You've got that one right portiz.
# jlohman 2011-06-02 10:34
That politicians are stupidly spending money on wars is not a subsidy to an unrelated industry. But they are indeed stupid wars. I just wish our politicians would quit taking campaign bribes from the companies on both sides of the issue and decide what is best for the country.
# Jim Rocket 2011-06-02 13:37
Oil and gas figure heavily in both Iraq and Afghanistan. Energy companies do not pay directly for soldiers and weaponry that benefit their bottom lines. Uh, ok, that last bit is changing...right, Mr. Prince?
# LeeBlack 2011-06-02 15:37
I agree, Jim Rocket. Gulf 1, Iraq, Afghanistan (including the Russian years) were over oil. Clean, renewal energy will also benefit, a la Portiz, in lower medical costs.