Being able to deter and defeat major powers like China and Russia is going to require that the United States spend a whole lot more money than it is already spending.
The American oil industry is literally swimming in crude, and there is little sign of it ending anytime soon. But is it a game-changer?
Rather than striking a decisive blow, the Nunes memo indicates that the battle over the Trump probe is far from over.
The House Permanent Select Committee on Intelligence has done its duty by releasing this memo.
"If this program is enacted, then we should expect the foreign-policy debates of the future to focus not on whether the United States disengages from the rest of the world, but on the terms and limits of that disengagement."
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