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Social and Behavioral Sciences Commons

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Massachusetts

Economic Policy

1992

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Full-Text Articles in Social and Behavioral Sciences

Build Homes Not Bombs: Get A Better Economy To Boot!, Richard Krushnic Mar 1992

Build Homes Not Bombs: Get A Better Economy To Boot!, Richard Krushnic

New England Journal of Public Policy

Our nation has a rare opportunity to shift resources from military to civilian activities for the next few years. A budget pact is supposed to prevent transfers of funds from the military to domestic programs during fiscal years 1992 and 1993, but the pact is cracking in light of the sudden collapse of the Soviet military and the dismemberment of the Soviet Union. While jobs are lost when funds are shifted out of the military, the funds don't disappear - they are used for alternative federal expenditures, paying federal debt, or tax reduction. Many alternative expenditure patterns are available to ...