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How European States Deal with Fiscal Shortfalls…

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Among other things, they cut defense spending. In the United States, it’s impossible to cut defense spending, because the world’s reserves of whiskey/sexy/democracy/freedom depend utterly on the ability of the United States to egregiously outspend any rival or potential coalition of rivals by a factor of five or so. In the US, as we know, the idea that the growth of defense spending should be cut is radical hippie peacenik nonsense. And incidentally, we also need a few engines that we’ll never use…

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