The Wall Street Journal: The war in Ukraine boosted the American economy!

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Noland said in an interview with American media: “This money coming back to America has created good paying jobs in about 40 states across the United States.”

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Meanwhile, the Wall Street Journal in its recent report emphasized Noland’s words and revealed that in the two years of the Ukraine crisis, the US defense industry “boomed in orders for weapons and ammunition.” and the production of the defense and space sector has increased by 17.5%.

In the Wall Street Journal report titled “How the war in Europe boosted the American economy”, it is said that this business boom is also due to the European allies who are trying to increase their military capabilities. They are themselves, and it is from the Pentagon, which buys new equipment from defense manufacturers to fill the military reserves that have been depleted by the delivery to Ukraine.

According to this report, Biden administration officials say that of the $60.7 billion earmarked in the $95 billion supplemental defense bill for Ukraine, 64 percent actually went to The American defense industry will return.

According to this report, quoted by Cynthia Cook, a defense industry expert at the Center for Strategic and International Studies, which is a think tank based in Washington, British defense industry company BAE Systems plans to expand Its facility in Minnesota will create 500 jobs, and General Dynamics will create about 120 jobs at a new plant in Texas.

Noland’s statements and reports related to this issue have provoked widespread questions and criticism. Webb Hill anchor Robbie Swayo said: “His (Noland’s) comments show how wrong you were about this approach. It’s just a transfer from the wider economy, from the taxpayer to a particular industry. It’s good for the people in that industry, but it doesn’t mean it’s good for the economy.”

Political commentator Briana Joy Gray said of her take on the remarks by US representatives, members of Congress and the State Department: “Understanding what political purpose this kind of rhetoric serves. It’s difficult because such statements say that we should not only agree with this war because money flows into the hands of domestic arms manufacturers, but we should also be happy about this war because it is an effective way to weaken Putin (President of Russia) without the presence of American troops. It is in the forefront.”

“These statements clearly show how much we value the lives of Ukrainians,” he said. Gray also called on American policymakers to value American taxpayers, saying, “Nobody likes to see that money just go to arson or go to weapons that blow things up that later have to be rebuilt.” .”