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Again, not sure how that fits with the chart you posted - the way America funded its participation in World War II is by taking on tons of debt. Also, I hear t
by geofft 7y ago
Again, not sure how that fits with the chart you posted - the way America funded its participation in World War II is by taking on tons of debt.
Also, I hear that China is able to fund its own defense and also provide some sort of social safety net. So did the USSR.
Anyway - I'm not advocating "America should be like country X," whether Denmark or China. I very intentionally said we need to figure out how to do this. That's probably going to involve something new, not copying another country, because I do agree things are different when you're a superpower. I also didn't say "we" in the sense of "America" - pandemics don't respect national borders. The failings of China's social safety net are my problem too.