>Without that money, the US economy would collapse over night.
But that money would just get spent by other government agencies, or the taxpayers, right? And if the military vendors aren't efficiently using that money, then society would end up better off if they (the military vendors) weren't spending it.
Depends on how the money was disseminated. Money only goes into the economy if it’s spent. If you give 1 person 2x as much money they don’t buy 2x as many cars, pairs of shoes, and iPhones. Wealthy people tend to save their money.
Imagine if Boeing, Northrop, Lockheed, Raytheon, general Dynamics (I could keep going) all shut down. Ignoring the what, million+ people out of jobs, the second and 3rd order effects would be astronomical. Vendors of contractors, vendors of vendors of contractors, internationally, all lose their revenue streams.
There would be no time to recover. Phase it out over 10 years, I mean maybe then it wouldn’t be a complete collapse, but fuck would
It be ugly. Oh and at year like… 8, the USA gets okie-doke’d and in 3 generations everyone is speaking !english.
But that money would just get spent by other government agencies, or the taxpayers, right? And if the military vendors aren't efficiently using that money, then society would end up better off if they (the military vendors) weren't spending it.