I believe that it was Ronnie Reagan who believed in this strategy in dealing with the USSR. He believed that the way to cripple and eventually destroy the USSR was to make them spend billions upon billions trying to keep up with the US in its pushing of military and foreign policy spending. And as predicted the Soviets tried to keep up and it finally bankrupted them and it slowly rolled over and died. But wait! That death gave birth to the ravenous Russian bear, that may be more dangerous than the USSR ever was. But that will be a post for another day.
Now Ronnie’s technique is coming back to haunt the US. How you ask? Al Qaeda. THey would like the US to continue spending billions upon billions to make the world safe. They even endorsed McCain, in a half handed way, as president, because they know that he would continue the runaway spending on national security. AQ has to keep the US engaged and spending uncontrolably. AQ has to keep the US fighting on as many fronts as possible that way AQ can bleed dollars from the US until it eventually bankrupts itself. Looks like someone in the AQ hierarchy is a student of history. The Ronnie Axiom.
The problem is, this could happen, the US economy is close to being bankrupt now and any further bleeding of funds from the economy could push it closer and closer to that threshold of bankruptcy. It is reasible that AQ could win this battle. I know not many want to hear this talk. Just think about what is happening in the world and now think about our fragile economy. What do you think?