Job Opportunity Cost of War
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In a report published by Brown University’s Watson Institute, Heidi Garrett-Peltier finds that federal spending on domestic programs in health care, education, clean energy and infrastructure creates more jobs, dollar for dollar, than military spending. The report documents how many jobs are created in a variety of domestic sectors for every million dollars of federal money spent compared to the number of jobs created for the same amount spent on defense. Garrett-Peltier finds that domestic spending outpaces military spending in job creation by 21 percent (for wind energy development) to 178 percent (for elementary and secondary education).
>> Listen to podcast interview with Watson Institute