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Fort Lee Presentation 26 March 2010: Compatibility Modes

Fort Lee Presentation 26 March 2010: Compatibility Modes

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Potomac League LLC Potomac League LLC 
Agenda for Discussion Agenda for Discussion 
•It’s the Economy, again!It’s the Economy, again!•What about Afghanistan,What about Afghanistan,raq an ranraq an ran•What about economy ofWhat about economy offorce?force?•What lies ahead?What lies ahead?•Final Thoughts forFinal Thoughts forConsiderationConsideration
A presentation byDouglas Macgregor, PhDoone re .. rmyLead Partner, Potomac League, LLC26 March 2010
Command and General StaffColleeClassIntermediate-Level Education class
Fort Lee, Virginia
Potomac League LLC Potomac League LLC 
"The government doesn't have any money.” "The government doesn't have any money.” 
“People seem to think the government has money," said former U.S. Comptroller GeneralDavid Walker. "The government doesn't have any money.”
Carol Lochead, “Concern grows over a fiscal crisis for U.S.”
, .
•Under the Obama Administration’s proposal, using fairly optimistic assumptions about thefuture performance of the economy, the debt-to-GDP ratio would grow to 77 percent over thenext decade. However, the United States Debt to GDP Ratio is likely to reach 94% much,much sooner.•When gross external debt reaches 60 percent of GDP, annual growth declines by about twopercent; for levels of external debt in excess of 90 percent of GDP, growth rates are roughly.growth outcomes… Seldom do countries simply “grow” their way out of deep debt burdens.
Carmen Rheinhart and Kenneth S. Rogoff,
Growth in a Time of Debt,”
American Economic Review Papers and Proceedings 
, 31 December 2009.
,the costs of current or future benefits. Unfunded liabilities are sky-rocketing.•“
Social Cohesion Social Cohesion 
,” the condition that makes the USA a safe investment, is at risk.
Potomac League LLC Potomac League LLC 
"The government doesn't have any money.” "The government doesn't have any money.” 
“The United States and Australia are the lowest performing countries with regard toequipment output for every dollar spent...”
John T. Bennett, “U.S. Last in Combat Gear Output Per Spent Dollar,”
Deense News 
, 15 March 2010.
“However, given the lack of analysis and planning that came with the 2010 budget, many ofus in Congress are concerned that the QDR will simply be a gigantic rubber-stamp for,of our country.”
Congressman Todd Akins (R-MO), QDR. “An Honest Review?”
, 2 August2009.
•Future economic crises may compel significant reductions in defense spending. USDefense Forces may have to be “right-sized” to the United States’ concrete security needsand interests without the inefficiencies and corruption in the current defense structure.•The United States cannot afford to maintain general purpose forces large enough toconquer, occupy and transform other peoples' societies into reflections of our own.

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