May 28, 2011

America Can Be a Superpower or a Welfare State

Wall Street Journal, Wall Street Journal

AP Photo

As Reagan knew, America's global power begins at home, with a strong economy able to generate wealth. The push for defense cuts reflects the reality of a weak recovery and a national debt that has doubled in the last two years. But the Obama Administration made a conscious decision to squeeze defense while pouring money on everything else.

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TAGGED: United States, America, Obama administration, Reagan

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