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Politics : Foreign Affairs Discussion Group

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To: KyrosL who wrote (95212)	4/20/2003 6:16:02 PM
From: Dennis O'Bell	Read Replies (1) of 281500

If such expansion weakens the American economy, it cannot be sustained, and Europe may have the last laugh. Only to the extent that they could see the US reduced in power compared with a rising China as a new economic world powerhouse. Europe hasn't been able to really compete with the US with the bureaucratic socialism on the continent, how are they going to compete with China which is even less concerned with social ideals than the US ? The Chinese economic growth figures are no doubt exaggerated, but Asian growth is very real. And let's be perfectly clear, the European vision of the USA as some kind of laissez-faire capitalist nightmare is quite erroneous. Ask anyone who has a small business what they pay in workmen's compensation insurance, or about all the other real costs of doing legitimate business in the US and you'll find that social costs weigh fairly heavily in the US, they're just distributed differently. I certainly hope that this administration comes to its senses concerning the real costs of this preemptive military doctrine, but Europe.... they're fighting the "last war" with this anti-American capitalism obsession of theirs.

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