Economics Professor PhD Richard D. Wolff has a unique take on this situation; he views military spending and inequality as two sides of the same coin. "On the most basic level, extreme inequalities of wealth and income make the rich need the costly military and police apparatuses that protect those inequalities. Those inequalities likewise enable corporations and the rich to shape U.S. politics so that the mass of the people pay for those costly apparatuses through their taxes." Richard Wolff will speak in New Jersey, at the Regency House Hotel in Pompton Plains on Sunday April 19th. Visit www.njpeaceaction.org for more information.
[1] Fiscal Year 2015 Budget. See, budget.house.gov/fy2015/
[2] "GOP moves forward on buget plans, eyes bill to repeal Obama Care." Associated Press, March 24 2015. click here
[3] New York Times, March 17 2015
[4] Child Poverty, National Center fo Children in Poverty, Accessed March 25, 2015. www.nccp.org/topics/childpoverty.html
[5] Yang Jiang, Mercedes Ekono and Curtis Skinner. "Basic Facts About Low-income Children" National Center for Children in Poverty. Accessed, March 25 2015.http://www.nccp.org/publications/pub_1098.html
[6] click here
[7] Chris Matthews, "Wealth Inequality in America: It's worse than you think," Fortune, October 31 2014. Accessed, March 25 2015 fortune.com/2014/10/31/inequality-wealth-income-us/
[8] Mark Koba, "U.S. Military Spending Dwarfs Rest of World," NBC News, February 24 2015. Accessed, March 25 2015 click here
[9] Heidi Garrett-Peltier, "The Job Opportunity Cost of War," Watson Institute for International Studies, August 19 2014. click here .pdf
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