As an American, I agree.
As an American, I’ve mixed feelings.
On the one hand, I think I think Europe owning it’s own defense would be a solid move to ensure it’s own sovereignty and independence as a modern nation…thing.
On the other hand, I fear this could lead to US - EU military rivalry. While not necessarily the strongest bond in the world, I do value the relatively positive relationship the US and EU have. I hope that bond is preserved and hope we can grow even closer over time.
I think the fact the EU steuggles as much as it does in the near future they would be at best a weaker China. Lots of bodies but sub par military capabilities. The benefit we get in the US is that we’d only need to come in as support and military guidance rather than sending a lot of troops. They will still suck at doing things as it will be military by committee so in cases with countries like Russia they will most likely defer to the US to just run things.
nation……thing
we prefer the term “sui generis geopolitical entity” ;)
Political entity. I’m surprised how much I like that label. Thanks for informing me :)
Yeah, if we stopped being the world’s police we might have tax money for something else.
Taxes don’t pay for anything at the federal level. They are deleted. We used to literally burn them back when we collected physical money. We can afford both our current military spending, and every single progressive policy that AOC or Bernie can dream up just fine. (Not saying we should, just that we can. I think we should scale back on certain aspects of the military, but that’s a whole other discussion) The government just “prints” more money and deposits it in the appropriate accounts via the Federal Reserve. Taxes are merely an anti-inflationary device to ensure that inflation stays stable. Running deficits doesn’t cause inflation. If it did, Japan would have been thoroughly fucked in the last 30 years of running the highest deficit by percentage of any country in the world. In reality they are running the largest deficit economy, and barely fighting off deflation.
Edit: this only applies to a sovereign fiat currency.
