No, it does not (except for the one-percenters): ...at the start of the twenty-first century, every major aspect of American life is being shaped by our Permanent War Economy.” This has been a prime cause of the hollowing out of the domestic economy. An empire must keep its client states happy as well as its transnational corporations profitable. This has resulted in a foreign policy designed for corporate interests and foreign oligarchs. The flood of migrants coming from Central America is blowback from US foreign policy in the region. Just as NAFTA undermined the Mexican economy, Central American trade agreements have done the same for that region. Further, US support for brutal governments who impoverish their people and support for coups against governments that try to create greater equity have made these nations very difficult to live in. Even US drug policy adds to the misery in these countries. Not only does Empire foreign policy undermine the federal budget, with 55% of discretionary spending going to the military, but it also undermines the US economy as jobs are shipped overseas and corporations hide trillions of dollars in assets overseas to avoid paying taxes... ...when we look at the predicament of the United States: the economy is failing, the world is looking for alternatives to the US dollar, the US military has not won a major war since World War II and is stretched thin around the globe, the cost of military equipment has skyrocketed, the traditional energy supply is uncertain and risky, the people and nations around the world are revolting and public opinion in the US opposes war and militarism.
Posted on: Wed, 30 Jul 2014 15:02:38 +0000
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