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Politics : Foreign Affairs Discussion Group

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To: Jacob Snyder who wrote (95608)4/22/2003 4:16:01 PM
From: TimF  Read Replies (1) of 281500
 
That's the way most Empires fall: Overreach, arrogance, making too many commitments that you can't withdraw from without losing face, spending too much, piling up debt.



In the very long run it certainly is unsustainable. The US won't be on top forever, certainly not so far out on top as it is now. However the military spending is quite sustainable amounting to about 4% of GDP, a lower level then it has been during most of the time from 1942 until the mid 90s.

Tim
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