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by knowledge102
2448 days ago
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I agree that the US has wasted immense money in foreign wars with not enough gained to economically justify it. I also agree that part of China's rise is due to it's economic strengths and strategic investments.
In addition to that, they 1.5 billion people, of which there's bound to be a lot of amazing innovators. The documentary American Factory is a great documentary that shows how the efficiency in China is also helping them out compete the US. (sidenote: produced by the obamas company) On the note of the defense sector, DARPA has funded so much research (they invented the internet) that has helped innovation and defense companies help provide jobs for many engineers and high tech peoples, which helps the growth in that sector. Defense spending is also how we maintain our safety. But I do agree, that a lot of it is immensely wasteful. I think defense spending is important and useful, but like what you're getting at- the amount we spend stupidly instead of investing or strategically is too extreme |
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