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Riding for a Fall

Bibliographic Data

ID3549696
AuthorsPeter G Peterson (corresponding author)
Year2004
Volume83
Issue5
Pages111
Publication date2004-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueForeign Affairs (JOURNAL)
Journal identifiersISSN: 0015-7120 • E-ISSN: 2327-7793
PublisherJSTOR (PUBLISHER)
DOI10.2307/20034071
OpenAlexW2799664508
LanguageEN
Citations received5

PRESIDENT GEORGE W. BUSH has called terrorism the United States' greatest national security threat since World War II and has declared that the war on terrorism must be waged years and decades, not weeks or months. Most Americans agree with this assessment and with the need to pay whatever price is necessary to wage this war. But what is the price? And how will the United States pay for it? It now seems nearly certain that the aging of America's population which would pose a massive fiscal challenge over the next few decades itself-will unfold in an era of large additional commitments to our national security agenda. Two other issues, in addition to security costs, require attention because of their profound connections both to U.S. national security and to U.S. fiscal and economic performance: the United States' growing financial dependence on foreigners, and the extreme aging overtaking the rest of the developed world. To paraphrase the poet John Donne, no nation is an island, least of all a superpower with such manifest responsibilities as the United States has in a newly dangerous world. But to commit America to a broader role while remaining blindly ignorant of the ultimate cost of doing so is sheer folly. Clearly, there are long-term tradeoffs to be

Political science · Economic Theory and Policy · Economic, financial, and policy analysis · Fiscal Policies and Political Economy

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  • The Indebted Empire

    Open Access•Iwan Morgan•International Politics•2007

  • Political and economic brinkmanship

    Jan Nederveen Pieterse•Review of International Political…•2007

  • American Realism Versus American Imperialism

    Open Access•Campbell Craig•World Politics•2004

Unique citing works5
Citations per year0,23
Citation span2004 - 2007 (4)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 4

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