US EditionInvest, Don’t Spend, Peace Dividends
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Invest, Don’t Spend, Peace Dividends
After the collapse of the Soviet Union, it was assumed that the US no longer needed a robust defense budget. As a result, the nation went on what Lt. Gen. Garret Harencak called a procurement holiday or a “holiday from history.” Many assumed it was indeed the end of history. After all, between 1987–1993, Washington and Moscow signed four notable arms control deals: the Intermediate-Range Nuclear Forces Treaty (INF), the Strategic Arms Reduction …
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