Posted on 05/02/2003 3:22:21 PM PDT by kattracks
Ex-president Bill Clinton predicted this week that either Communist China, which helped bankroll his 1996 reelection campaign with hundreds of thousands of dollars in illegal contributions, or the European Union, would replace the United States as the world's number one power within the next 30 years.
"In all probability, we won't be the premier political and economic power we are now," Clinton told the Washington Post in an interview from Mexico on Thursday. Saying the shift would occur within "a few decades," the ex-president cited the growth of China's economy and Europe's already formidable economy as factors that would doom continued U.S. supremacy.
Clinton said the question of whether China or Europe would replace the United States depended on how their respective governments invested in military might. While Europe's defense investment has been minimal since World War II, China now has the fastest growing military budget in the world.
In 1996, the Clinton administration approved the transfer to Beijing of key missile guidance technology which enabled China to hit most major U.S. cities with its intercontinental ballistic missile fleet.
Clinton offered his prediction to the Post in an attempt to clarify comments he made to an Australian audience in February, where he warned "This is a unique moment in U.S. history, a brief moment in history, when the U.S. has preeminent military, economic and political power. It won't last forever. This is just a period, a few decades this will last."
Read more on this subject in related Hot Topics:
And he's right about one thing, him and his ilk, if allowed back in power will the bring the Country to its knees. Man, do I despise this guy. Did I already say that?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.