PERI 2011 Report

REPORT:
"The U.S. Employment Effects of Military and Domestic Spending Priorities: 2011 Update"

Robert Pollin & Heidi Garrett-Peltier
December 2011
Political Economy Research Institute, University of Massachusetts
Read the report on the PERI website

The authors study the employment effects of devoting $1 billion to the military versus the same amount of money spent on clean energy, health care, and education.

They conclude:

  • $1 billion spent on each of the domestic spending priorities will create substantially more jobs within the US economy than would the same $1 billion spent on the military
  • investments in clean energy, health care and education create a larger number of jobs in both lower and higher pay ranges.

Number of created jobs with wages less-than and greater-than $32,000

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