Friday, May 26, 2017

Trump’s $110 billion Saudi Arabia Weapons Deal Won’t Spawn American Jobs

Earlier this week, President Trump signed a nearly $110 billion weapons deal with Saudi Arabia, a move that immediately sent defense stocks from Boeing to Lockheed Martin soaring, as investors expected it would spawn US job growth and greater security cooperation, particularly in the fight against ISIS.

The case for this deal is made to sound like a winning combination that both encourages investment in American jobs while putting responsibility on Saudis to “drive out” terrorism. But violent extremist groups are not America’s greatest threat. The real threat is an increasingly influential kingdom with a powerful military capability that does not share America’s values of freedom for all, human dignity, and justice....
http://fortune.com/2017/05/24/saudi-us-saudi-arabi-weapons-deal/

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