Trouble in the Caribbean: A Reminder to Washington to Think Local
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  • Andrew Allison

    More to the point, ours is among the governments which have continued to borrow and spend with no attention to fiscal sobriety! During the 20 years prior to 2013, there was $45.9 trillion of federal government spending and a mere $38.5 trillion paid in taxes. (see: http://www.whitehouse.gov/omb/budget/Historicals)
    For just how long do you think this can continue?

    • Jim Luebke

      We’d better get that under control fast.

      The “secret of success” for maritime powers has been a strong economy. This economy has traditionally supported subsidies to foreign powers (think Prussia during the Napoleonic wars) to advance diplomatic interests.

      If China can do it and we can’t, we’re declining and they’re rising.

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