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Reply #24: The Reagan Administration [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Nicholas_J Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-21-04 06:19 PM
Response to Reply #14
24. The Reagan Administration
Just kept raising our military budget, so the Soviets had to keep raising theirs which diverted a large amount of the economy to the military and out of the civil sector. It was estimated that if the Soviets did not have to spend so much on defense, they would have begun to pass the United States economically by the early 21st century, and that if they had been able to adequately develop the Ukraine, that one regions would be richer than the United States. Economic studies ofthis nature are largely responsible for Reagans actions as he wanted no possible encouragement for Socialism as an effective economic system, so the dumb Soviet leaders just kept spending on military expenditures.
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