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In fifty years we have gone from technological leadership on all fronts to technological leadership only in some of those areas under the umbrella of War Department Industrial Policy, and from massive trade surpluses that demanded recycling via overseas investment and imports to maintain international liquidity, to massive trade deficits to allow the Chinese to export their unemployment to us.
In forty years we have gone from energy independence to importing twice as much oil as we produce.
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If this damn Empire collapses soon enough, we might have a chance to start rebuilding from the catastrophe it represents, but an equally plausible outcome is falling apart into a squabbling series of small and mid-sized nation states, many harboring revanchiste dreams of re-establishing the Empire.
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We built this Empire out of immediate and temporary needs, some of them in service of public interests, some of them in service of vested private interests. For the good of the Republic, it is long past time to tear it down.
The life of one American service man or woman is not worth all the profits that have been made by all the Imperial War profiteers in the last half century. And it has been about nothing but Imperial War Profiteers profits for decades now.
Burning the Midnight Oil ~ Forgotten Years
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