Re:Declining trust in government is denting democracy (2017)
by mieses on Sunday June 20, 2021 @05:40PM
(#27574169)
Rand is different from Ron on this issue but it's a realistic compromise. You won't be freely trading with neighbors if the Chinese navy is overseeing global shipping.
Re:Declining trust in government is denting democracy (2017)
by Retric on Sunday June 20, 2021 @08:56PM
(#27575236)
I doubt the Chinese are going to use their navy to cut off China>US trade. It’s true it might cost us Taiwan, but a 90% cut in US military spending would be a massive boon for the economy.
Though even a 90% cut would still allow for a truly US frightening military so it’s hard to quantify.
Paul's 2016 plan would have set the Pentagon budget to $697 Billion, a significant spending increase. Honestly though +/- even 30% is largely irrelevant in terms of military budgets. Look up what it would take to drop us to even 2nd place in military spending.