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I would like to add that the roughly 2Bil USD doesn't just dissappear into this air...it goes to private contractors (hopefully british) and creates work for the naval shipyards, electric co., metal manufacturers, etc.
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That's true to an extent, but first remember that some of the cost is raw materials, and that all those workers can't work on something else. So if we assume for a moment that the final product is useless, creating it actually creates no benefit, other than moving money between the government and the workers. But it would be better if they made something more useful.
John L could explain this better than me...
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... I am surprised at your insolence in writing to me at all. You know, as I know, that I bought this constituency... may God's curse light upon you and may it make your women as open and as free to the excise officers as your wives and daughters have always been to me while I have represented your scoundrel corporation.
I have the honour to be... your obliged humble servant, Anthony Henley
- MPs reply to constituent, mid 1700s
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