Outside View: Wars cash crunch — Part 3

March 4, 2009 by admin
Filed under: Syndicated Industry News 
By PAOLO LIEBL VON SCHIRACH
UPI Outside View Commentator
WASHINGTON, March 4 (UPI) -- Unless we re-establish fairly quickly our economic strength, at some point trillion-dollar-plus deficits and a country in a deep recession will collide with global foreign policy ambitions, a huge defense budget and the desire to send around the world a powerful symbol of U.S. might. Unless President Barack Obama is successful in leading America in an effort that will fix this mess, sooner rather than later we shall get to the point at which the superpower status and international role played by the United States will be undercut by lack of money.

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