Do yourself a favor, and look at what they are preparing for. Click on the slideshow (left side), and check out number 4: http://online.wsj.com/article/SB1000...Tabs%3Darticle
Meanwhile we are stalling out when it comes to procuring new equipment, and replacing old worn out stuff. Especially after 7-8 years of a high op tempo in the ME. We have 2 trillion for stimulus and health care but can't even get 200 F22's.
I think this time we are going to be the ones holding the short stick due to our entitlement spending taking up 100% of revenues, and we cannot afford to keep the edge forever at the rate we are going with domestic spending. The Chinese economy is growing 10% a year, and we are saddled with almost 14 trillion in debt.
Bookmarks