“Public funds” refers to money held by the government, tax revenue. The amount of public funds is limited and there are a lot of valid, competing priorities for how the government spends it’s money. Every dollar of public funds spent on bombs is a dollar that’s not available for things like schools and infrastructure.
Private workers receive only some of the funds spent on manufacturing bombs. A significant portion of it goes to executives and shareholders in the military-industrial complex, as well as finding their way to politicians in the form of bribes. Private funds cannot be allocated to public services unless the individual chooses to donate them, or they are taxed back into being public.
I really shouldn’t have to explain this, the difference between public and private is extremely basic.
Litebit@lemmy.world 1 year ago
Executives and shareholders are americans too.
Objection@lemmy.ml 1 year ago
This is such an inane point. Yes they are “Americans” but the goal of public policy shouldn’t be to just give money to whoever so long as they’re Americans. The same $100 means a lot more to a poor person than to a rich person, and they are also a lot more likely to spend the money, stimulating the economy and providing more tax revenue in a virtuous cycle.
Like the difference between public and private, this is extremely basic economics.
Litebit@lemmy.world 1 year ago
Same for every other industry with poor people and rich people working for them.
Objection@lemmy.ml 1 year ago
Who cares?