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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (4070)12/30/2008 3:53:29 PM
From: TimF1 Recommendation  Read Replies (1) | Respond to of 103300
 
"A relative decline"? Perhaps. Certainly against some countries.

A significant relative decline? Not really. Esp. when compared against the rest of the world, rather than just the fastest growing countries. The US's share of GDP has been within a few percentage points of its current level for decades, with some countries declining relative to us, while others advance. If there has been an overall trend to a relative decline its been very slow.

Its share of military power may have declined very slightly in very recent years, but its still higher than it was during the cold war (when the USSR was a conventional military superpower, and both Eastern and Western Europe, and smaller players like Australia and Canada spent more on their militaries in relative terms).