Tuesday, June 22, 2004

Budget blunders for 800$!

No one less than former Soviet Union foreign minister Alexander Bessmertnykh has credited Reagan’s defense buildup for the accelerated collapse of the Soviet Union. The fragile Communist economy, already stretched thin by substantial defense spending, could not keep up with America’s defense buildup. The possibility of American missile defense, and President Reagan’s powerful rhetoric, further persuaded the Soviets that they could not win the Cold War, and induced the reforms that culminated in the collapse of the Soviet empire. Without America firing a single shot. It was the best $800 billion investment America ever made.

Posted by Mahmoud the Weasel at 1:34 AM |

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