So, if we're going to talk about weaponry, does anyone recall the 'multiplier' of 4 that I mentioned (once or twice or more) in relation to state spending on the NHS? That every £1 spent into the NHS generates £4s worth of economic activity.
Well, state spending on defence has a negative multiplier, a multiplier of less than 1. So state spending on defence generates no economic activity. Would that stop a government spending on defence if we were in a crisis, e.g. at war? I think not.
So, we're in a health service crisis and the government refuses to mitigate it by putting the much needed money into resolving the crisis. Despite the fact that it would not only improve the NHS but would also lead to economic growth (don't forget that last month's growth figure showed no growth whatsoever).
Puzzling...