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Just think about how much money was saved by ending the Cold War. That was actually driven by government spending. It was also driven by technology (and spendin
by 001sky 12y ago
Just think about how much money was saved by ending the Cold War. That was actually driven by government spending. It was also driven by technology (and spending on technology).
- psychometry 12y agoTo say that Reagan "ended" the Cold War is a charitable interpretation, to say the least.
- 001sky 12y ago#1 The dynamics of the cold war ended because of spending on technology--not because "technology spending" was cut. #2 The cold war ended under reagan as a point of history. Not sure how much is left to quarrel about?
- joshuaellinger 12y ago1. Big Build up in defense spending 2. Very High Interest Rates (Volcker in 80-81). 3. Collapse in Oil Prices Yes, ending the cold war was great. I even give Reagan some credit for it by pushing them over the edge. Seems like we could have gotten the same outcome at a 1/10 the cost.