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Thank you for the complement. I always enjoy talking with you as well. Those are indeed some big names, and I was lucky enough to attend graduate school with a list of professors that is equally notable -- which no doubt helped shape my viewpoints. Well -- I don't dispute this -- but I would think our definitions of what is in our interest might differ. http://www.worldpublicopinion.org/pipa/pdf/mar07/CCGA+_overview_final.pdfThanks for this -- I look forward to reading through it. There is no doubt the national debt is a defense issue. But think it is an issue mostly because of procurement. The more money we have to pay in interest will ultimately mean cuts -- which always typically target the Pentagon first. That said -- I don't think we will have a financing issue should a real war erupt....I do think we will undergo a slow decline as we continue to borrow and don't pay down our debts -- but I think this can be managed. We need to be smarter at the Pentagon, there is waste in the defense department that can be cut -- we can restructure our forces to meet old and new challenges in new ways. However, we can of course go to far -- if we try to solve our deficit issues on the backs of the Pentagon -- we will indeed be in a lot of trouble. We cannot be benevolent and pursue our interests -- at some point, to pursue our goals it will come at the expense of someone else.
Thank you for the complement. I always enjoy talking with you as well. Those are indeed some big names, and I was lucky enough to attend graduate school with a list of professors that is equally notable -- which no doubt helped shape my viewpoints.
Well -- I don't dispute this -- but I would think our definitions of what is in our interest might differ.
Thanks for this -- I look forward to reading through it.
There is no doubt the national debt is a defense issue. But think it is an issue mostly because of procurement. The more money we have to pay in interest will ultimately mean cuts -- which always typically target the Pentagon first.
That said -- I don't think we will have a financing issue should a real war erupt....I do think we will undergo a slow decline as we continue to borrow and don't pay down our debts -- but I think this can be managed. We need to be smarter at the Pentagon, there is waste in the defense department that can be cut -- we can restructure our forces to meet old and new challenges in new ways. However, we can of course go to far -- if we try to solve our deficit issues on the backs of the Pentagon -- we will indeed be in a lot of trouble.
We cannot be benevolent and pursue our interests -- at some point, to pursue our goals it will come at the expense of someone else.