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Cross Link
Zeihan on Geopolitics
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Comments by "Cross Link" (@crosslink1493) on "Peter Zeihan's Favorite US President of All Time Is..." video.
Got to ask - are you referring to Bush Sr (1989-1983 president) or Bush Jr. (2001-2009 president)? What you wrote above seems mixed up between the two.
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@davidg1782 FWIW: Big impact on the Los Angeles area as we had a huge defense contractor presence in the area, and when the Iron Curtain came down the need for all that cool military hardware shrank. There was a huge wave of consolidation and a lot of the defense business got moved out of the area. The Cold War's end also coincided with a flip in the computer/electronics industry from hardware focus to software focus and that further depressed the economy as hardware manufacturing went overseas. Not a good time to be a tech hardware guy in L.A. back in the early 1990s
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Worried is a better term. His vague economic plans will only cause a rise in inflation, interest rates, and retail prices; strange for a guy who has a degree in economics from Wharton at U-Penn. He'd be better off leaving things alone (including the Federal Reserve/Powell). As for foreign policy if he abandons Ukraine to a Putin take-over, then Taiwan to a China takeover, he would embolden both countries to continue their takeovers (economically if not militarily) and control a lot of the world's economy. The Middle East is kind of a weird place, its own ebb-and-flow situation. The USA military bases there help keep the conflicts in check, pulling them out opens up the possibility of Sunni-Shiite conflict, with the Israelis possibly getting dragged in. Maybe Harris was the lucky one by losing this election.
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Grover Cleveland was President 'Veto'. He wouldn't let Congress pass legislation that spent funds on wasteful pet projects in members' districts, he let his veto pen do the talking. I don't think just having non-consecutive presidential terms is anything but coincidental.
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@stevejackson5000 He's partially right on that one. Carter started it by loosening the regulations, Reagan took it to another level of de-regulation bordering on abandonment.
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Good choice, I'd always looked a Bush Sr. that way, but I don't know if that one issue would make him a favorite. On a more domestic note I did like Grover Cleveland as he was willing to say 'NO' to budget-busting program bills that came across his desk for signature; not afraid to use the 'veto' power of the president. It cost him when running for re-election, but helped for 4 years later when he got re-elected for another non-consecutive term. Or Grant, who acted as a check on the northern patriotic politicians who still wanted to punish the secessionist southern rebels from the Civil War era. Or Coolidge who did nothing when a recession took hold, and the economy recovered on its own in a relatively short period of time.
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Nope. Eight years as Reagan's VP then a 4-year term as president. Clinton beat him in 1992 as the economy was souring due to the end of the cold war causing reduced government (military) spending and manufacturing moving overseas with a vengence about that time
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@KipIngram I always thought that of the Cold War too, something like a game of "financial chicken" to see who would run out of money first. Look at national debt charts from back then and the debt skyrocketed during the Reagan years.
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