Labor & Economic News Blog


Friday, November 09, 2007

Outlays for veterans often hidden

Outlays for veterans often hidden
Like an outsider tucked into a military unit, spending on veterans is an "embed" in the overall economy. Representing many tens of billions of dollars in transactions each year, that spending is part of a long-standing policy to compensate and care for those who have worn uniforms in the nation's service. Like an embed, it blends in. But veteran-centered outlays have a distinct effect: Not only do they ease the financial burden for millions, they quietly nurture the private sector.

 



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