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Doctors without Borders issues rare statement calling for ceasefire in Israel/Palestine conflict
(www.doctorswithoutborders.ca)
this post was submitted on 10 Nov 2023
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yeah-- that's why we put so much money into israel. it stims the shit out of our economy
It doesn't really stimulate economy, it just pays the people who own arms businesses.
Stimulating the economy involves giving money to people who have less, such that they can spend more. People who have an excess of money don't spend more, they just get better at hiding it away.
you sound more knowledgeable than me on this so im just gonna have faith that you're right
The majority of that money (FMF) comes from our taxes, goes to Israel, Israel is bound to spend it on arms from American arms companies, the owners (stockholders) of those companies get the profits, cycle some of it back to politicians and lobbyists, etc. So it's a net gain for the beneficiaries, but a net loss for the rest of the population. It also makes our infrastructure more targeted towards arms production and less for our own needs. There isn't an additional inflow of money, so that essentially means a net loss.
That's essentially the broken window fallacy on one hand, and actual redistribution of wealth upwards on the other hand.