Which Areas of the U.S. Economy Are Likely To Benefit From A UFO Disclosure Event?

The prospect of a full and open disclosure of the existence of extraterrestrials on or around the Earth is a daunting one

. This is the theme of NBC's new series "The Event" which features the President deciding to make such an announcement. One has to wonder that if such an event were to happen, what would be the consequences? How would we change individually and collectively?

Certainly there would be large effects on our social, moral, and religious beliefs about ourselves and the cosmos. And there would most certainly be economic ramifications. People often mention effects of such an event on the stock market, sometimes in a negative way, but that's really to be expected. That's what a stock market is anyway: a risk-management system. If might dive in the short-term but that's happened before. What about the long-term?

One can imagine at least three areas of growth resulting from a disclosure event. First, in the area of technology, assuming that there would open contact between our civilization and the extraterrestrials, one can imagine a vast technological exchange. This could possibly include technologies in energy, transportation, and superconducting electronics: all areas that we are on the verge of making big leaps in right now and might be greatly accelerated by contact with a more technically advanced society, which we can presume they would be if they were able to travel to our planet.

An offshoot from this would be a redirection of funds away from classified military technology research which now consumes at least $50 billion a year right now. This research could be refocussed on civilian applications and made more available to private sector development. With an open-contact agenda, there would not be a need for as much secrecy as we have now and there would be grounds for more international economic cooperation, and potentially less military conflict. President Ronald Reagan was the one who said a number of times how an alien threat could be a cause for world unity. A less hostile encounter could have the same effect.

Another large area to benefit from such disclosure would include communications, languages, design, movies, advertising, and other right-brain creative work. This would result from the need for being able to communicate with the extraterrestrials and all the creative spinoffs within our own culture from such contact. A similar effect happened in Europe during the era of exploration and colonialism. (Certainly there were negative aspects of this contact, but hopefully we've learned from these mistakes.) Anyone looking for a job as alien translator?

Finally, there would be a lot of people who would be uncomfortable with such an announcement because of their own personal and religious beliefs. In the late 1960s, the Brooking Institution concluded that UFO disclosure might lead to mass-panic. It's not clear that this would happen (there has been a lot of information coming out about this topic for a long time) but there would still be need for therapists, counselors, and psychologists to deal with people's fears about such contact.

The consequences of such contact would be felt in virtually every area of the economy, but these three areas are most certainly ones that would experience rapid change at the outset of a disclosure announcement. It's a big topic and one that deserves more thought. Read more here: The Economic Consequences of A UFO Disclosure Event.

Which Areas of the U.S. Economy Are Likely To Benefit From A UFO Disclosure Event?

By: Simeon Hein

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