Randy Shaw: Republican policies that drove the U.S. economy into the deepest ditch since the Great Depression are given equal credibility with Obama’s. It is as if the past fifteen years and the 2008 elections never occurred. How did this happen?
Ivan Eland: The Cold War is long over, and the concomitant rationale (dubious even then) for using an interventionist U.S. foreign policy to attempt to run the world is now obsolete and even dangerous in an era of blowback terrorism. Many empires throughout history have collapsed or withered away because their aspirations were too big for their wallets; the U.S. is in that perilous position now. Therefore, the United States should dramatically retract its defense perimeter, thus cutting the U.S. security budget by half and saving more than $500 billion a year.