This week, most people are focusing their
attention on the chemical weapons that were utilized by Syrian President Bashar
al-Assad against the rebels — truly an unspeakable atrocity. Attention
has also been directed on the recently reported detail regarding Qatar’s desire
to replace Russia as the main provider of natural gas for Europe. Indeed,
whoever controls Syria will control the energy flow for a continent — a very
high stakes game.
However, this week, I’m focused on a different subject altogether — it’s the topic of jobs. And more specifically for this article, it’s the issue of jobs as it relates to war. Since the implementation of both the governmental and military drone surveillance programs, the need for actual pilots has been dramatically reduced — just another example of job loss. In addition, our withdrawal of troops from Iraq and Afghanistan has thrust thousands of military personnel into a U.S. job market that has no ability to absorb them.
Unfortunately, our growth rate (GDP) has certainly reflected all this international turmoil by continuing to decline well below the historic 2% benchmark that’s required in order to achieve economic sustenance. This decline has occurred in spite of all the bogus governmental adjustments which have been applied to the GDP — artificial modifications which include unfunded pension liabilities and intellectual property. Consequently, without an increasing GDP, the chances for employment are virtually nonexistent. Given that there are no great technological developments on the immediate horizon, such as the internet or even the internal combustion engine, it would seem that we’ve been reduced to that age-old job provider known as war.
Recommended
A good old-fashioned war against an actual, visible enemy — just like al-Assad and the Syrian army — would provide compelling reasons for the warmongers, Obama and McCain, to increase defense spending and national security spending to new heights. Quite simply, this increased governmental spending would lead to more jobs. The government would be compelled to increase their workforce, as the deployment of troops, ships, and weaponry would need to be coordinated with new federal agencies. In addition, the Department of Homeland Security would more than likely need to hire additional employees, as an old-fashioned war could threaten us all.
Moreover, other types of U.S. industries, including equipment manufacturers, food processors, and energy companies could all experience an upsurge in employment as their services would likely be in high demand during a time of war.
Accordingly, on this week leading up to Labor Day, my tongue-in-cheek request is for a good old-fashioned war against Syria/Russia — and the majority of our nationwide unemployment crisis will be instantly solved.
MacroProfit
It’s Free — Don’t Miss It!
- Between now and the end of the month, MacroProfit, Bill Tatro’s dynamic monthly financial newsletter (abridged August 2013 version) is available for free
- Each and every month, MacroProfit provides in-depth analysis regarding the economics of finance, politics, and history — vital information that’s tailor-made to you and your financial well-being. And that’s not all. Now, the words are brought to life with vibrant video and audio, innovative technology few others can match, including a podcast feature that allows for many of the topics to be expanded upon even further
- Just visit macroprofitnewsletter.com — it’s Free!
Join the conversation as a VIP Member