Thread: Service Economy
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Old 07-26-2004, 01:13 PM   #8 (permalink)
fatdaddy411
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MI base

Sure the military-industrial base is protected, but the rate of production from these lines is very low. What allowed us such success in World War II was the conversion of civilian manufacturing facilities to military output. More and more these days, that's becoming less and less of an option. Sink a few carriers, shoot down a few bombers and you've really hurt the United States's ability to project its power.

Perhaps we are at the leading edge of the global economic curve, but the industrialization and development of foreign countries like India and China puts them in a position to challenge us globally, doesn't it? So isn't developing them economically kind of shooting ourselves in the foot in the long run? Once they've caught up with us technologically and in terms of economic infrastructure, I see no reason why China couldn't be the dominant power of the 21st century.
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