In 1987, a book called The Rise and Fall of the Great Powers by historian Paul Kennedy accurately predicted the demise of the Soviet Union and the coming decline of the United States. Kennedy explained very succinctly that the rise of any power depends on the balance between economic and military strength. According to Kennedy, nothing good comes of a country bankrupting itself to finance military adventures.
In a few weeks, a new congress will assemble in Washington DC, and take up the people’s business.
