Wednesday, March 19, 2008

Why the Soviet Union failed, and what that has to do with us now

Economics, pure and simple. They went broke. What was a major contributing factor to that? Any Republican will tell you that it was Reagan's strategy of forcing them to spend so much on military build-up in order to compete with the US. We do know for a fact the Russians spent a lot of money building up their military, but it wasn't just their arsenal of missiles that cost them so much, it was their war in Afghanistan. A faltering economy, heavy competition with an economic powerhouse, and an overstretched army fighting a war against an intractable force of Islamist militants with costs spiraling out of control.

Sound familiar?

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