When intervention is easy

posted by
April 10, 2011
Cato Institute
by http://www.cato.org/pub_display.php?pub_id=12974  
Posted in Commentary

"Power gives American presidents more choices than other leaders. U.S. military capabilities and wealth make almost any global action possible. And the Cold War that checked much of our proclivity for intervention is over. To fight as we do in Afghanistan, even most wealthy nations would have to hike taxes or slash other expenditures, provoking domestic opposition. We do it with less than 1 percent of gross domestic product, mostly borrowed. Because we can intervene relatively cheaply, temptation always beckons." (04/08/11)


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