"Cliff" wrote in message
...
On 3 Jan 2006 02:21:32 GMT, D Murphy wrote:

The it's a good thing that the US is the worlds largest exporter. If you
look up the figures we are in the top five in most all of the so called
value added.

What value is added in all those guns, bombs, etc?
And many are given away at taxpayer expense (in the end).

Be aware that virtually all aerospace-related sales, from both the US and
Europe, have a zero-sum effect on our GDP. They are sold with 100%
offsets -- in some cases, more than 100%. That means we agree to buy 100% of
the value of what we sell, from the buyer.

I researched this for my "The New Military-Industrial Complex" article a few
years ago. If anyone questions it they will find it confirmed with a little
research online.

--
Ed Huntress