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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (43346)5/21/2010 7:11:13 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
"It put more pressure on the USSR"

Not NEARLY AS MUCH as a stronger American economy would have


Probably much more than a stronger American economy would have.

Also even if the forgone costs meant (extremely modest) tax cuts rather than spending in other military areas, or non-military government spending, it wouldn't have done much to strengthen the economy. A few billion per year, out of a multitrillion dollar economy. I don't see a .1% of GDP cut in taxes, or less, or and equivalent cut in deficits, as something that would be likely to create enough additional extra economic growth, esp. in the short to mid-run time frame, to put much pressure on the USSR.