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> and we had virtually no military
That's certainly a big part of it. 100 years ago we were a
modest little country. Prospering, on the seemingly unlimited
resources we were blessed with, but practically still second
world.
Now we're running (or "influencing") the politics of half the
world, and projecting military might around the globe. That
doesn't come for free.
100 years ago there were also no entitlement programs. No Social
Security, no Medicare, no welfare, no nothin'. Guess who pays
for those.
Gary
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