'Defense spending is not biggest job creator'

we must end the "endless" wars................from azstarnet..........

"The Pentagon has warned that cuts of as much as $1 trillion in defense spending over 10 years may drive up the nation's unemployment rate, now 9.1 percent, by as much as one percentage point.

Bloomberg's BGOV Barometer shows that, by that logic, cuts of the same magnitude in several nondefense areas would lead to an even greater increase in the jobless rate, judging from study findings by the Political Economy Research Institute at the University of Massachusetts at Amherst.

"That's the obvious conclusion," said study author Robert Pollin, co-director of the institute, in an interview. "The Pentagon is a relatively weak source of job creation".............READ MORE