this post was submitted on 03 Jul 2025
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[โ€“] HK65@sopuli.xyz 40 points 1 day ago (8 children)

On the one hand, I don't see the point of raising the defence budget just to hand all that money we are actually taking out as loans over to the US. A major point of the whole shebang should be to drive EU-domestic investment and jobs.

On the other hand, WTF Denmark? Anyone Danish here can explain Danish politics and how this guy is not secretly getting off on being cucked by Trump?

[โ€“] geissi@feddit.org 6 points 1 day ago (4 children)

A major point of the whole shebang should be to drive EU-domestic investment and jobs.

I agree that IF you have to spend money on defense, you might as well do it domestically but that should be an added bonus, not a major point.
Economically speaking, the defense industry is a terrible investment. At best the goods it produces just sit there and are never needed, at worst they are used up. The US military industrial complex is not a healthy, useful or productive industry. Jobs in just about any other industry are more useful for society and/or the economy.

Defense spending should be purely driven by security requirements. Potential jobs created are a nice bonus but should not be part of why you're doing it.

[โ€“] jenesaisquoi@feddit.org 4 points 1 day ago

The US defense spending is different to ours in that it is economically useful. In short, it enforces the petrodollar, thus forcing everyone to buy dollars, thus everyone pays for their inflation.

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