August 17, 2015

FAIRNESS IS ONE OF THE REASONS FOR COMPULSORY NATIONAL SERVICE:

Ben Bernanke: Being In the Military Won't Actually Help You in the Real World (JOHN HUDSON, AUGUST 17, 2015, Foreign Policy)

"The evidence appears to be that there really is not an advantage," Bernanke told a crowd at a Brookings Institution event in Washington. "If you go into the military at age 18 -- versus an identical person who stays in the private sector and takes a private sector job -- 10 years later, if you leave the military, your skills and wages are probably not going to be quite as high on average as a private sector person."

Bernanke specifically called out the U.S. Army for using misleading advertising and noted that for veterans who left the military after 2001, the unemployment rate is just above 7 percent, as opposed to the national average of 5.3 percent.

"The military takes our younger people and uses them for good purposes, but it's not really adding much to the private sector through training or any other experience," Bernanke said.

Posted by at August 17, 2015 7:42 PM
  

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