this post was submitted on 13 Dec 2023
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Russia has lost a staggering 87 percent of the total number of active-duty ground troops it had prior to launching its invasion of Ukraine and two-thirds of its pre-invasion tanks, a source familiar with a declassified US intelligence assessment provided to Congress told CNN.

Still, despite heavy losses of men and equipment, Russian President Vladimir Putin is determined to push forward as the war approaches its two-year anniversary early next year and US officials are warning that Ukraine remains deeply vulnerable. A highly anticipated Ukrainian counteroffensive stagnated through the fall, and US officials believe that Kyiv is unlikely to make any major gains over the coming months.

The assessment, sent to Capitol Hill on Monday, comes as some Republicans have balked at the US providing additional funding for Ukraine and the Biden administration has launched a full-court press to try to get supplemental funding through Congress.

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[–] Aceticon 5 points 11 months ago* (last edited 11 months ago) (1 children)

For clarity:

  • If the two only options were to spend the money in the US making weapons or spend it outside the US making weapons, then it's better for the US to spend it in the US making weapons as what's created using the resources is weapons either way and if spent in the US other benifits of spending that money (as you pointed out: "wages and jobs") are captured in the US.
  • However if the options being considered are spend the money making weapons or spend it making something else, economically it's probably better to spend it something else because it would still generate "wages and jobs" and in addition to that there could be other benefits from that something else (imagine for examples if it went into bridges and roads: unless they're "bridges to nowhere" those thinks tend to keep on delivering economic benefits long after the money was spent) which weapons do not bring.

That said, the World is as it is, Russia acts as it acts, so in overall other nations have to spend that money in weapons and military because of them anyway, and even in a pure, cold "financial analysis" (i.e. moral aside) the single most efficient way of achieving the desired result (stop Russia from fucking things up for everybody else) is by helping Ukraine militarily.

In fact, I think Europe (were I am) is still not doing enough in that front.

My point was entirelly on, in abstract, that using a country's money to make weapons is generally not a good investment from an economic point of view.