At first glance, it may not seem that China is really engaged in an arms race with the US. After all, China’s official defense budget for this year – at roughly $175 billion – amounts to just one-quarter of the $700 billion budget approved by the US Congress. But China’s actual military spending is estimated to be much higher than the official budget: according to the Stockholm International Peace Research Institute, China spent some $228 billion on its military last year, roughly 150% of the official figure of $151 billion.
In any case, the issue is not the amount of money China spends on guns per se, but rather the consistent rise in military expenditure, which implies that the country is prepared to engage in a long-term war of attrition with the US. Yet China’s economy is not equipped to generate sufficient resources to support the level of spending that victory on this front would require.
If China had a sustainable growth model underpinning a highly efficient economy, it might be able to afford a moderate arms race with the US. But it has neither.
On the macro level, China’s growth is likely to continue to decelerate, owing to
- rapid population aging,
- high debt levels,
- maturity mismatches, and the
- escalating trade war
that the US has initiated. All of this will drain the CPC’s limited resources. For example, as the old-age dependency ratio rises, so will health-care and pension costs.
Moreover, while the Chinese economy may be far more efficient than the Soviet economy was, it is nowhere near as efficient as that of the US. The main reason for this is the enduring clout of China’s state-owned enterprises (SOEs), which consume half of the country’s total bank credit, but contribute only 20% of value-added and employment.1
.. The problem for the CPC is that SOEs play a vital role in sustaining one-party rule, as they are used both to reward loyalists and to facilitate government intervention on behalf of official macroeconomic targets.
Dismantling these bloated and inefficient firms would thus amount to political suicide. Yet protecting them may merely delay the inevitable, because the longer they are allowed to suck scarce resources out of the economy, the more unaffordable an arms race with the US will become – and the greater the challenge to the CPC’s authority will become.
The second lesson that China’s leaders have failed to appreciate adequately is the need to avoid imperial overreach. About a decade ago, with massive trade surpluses bringing in a surfeit of hard currency, the Chinese government began to take on costly overseas commitments and subsidize deadbeat “allies.”
Exhibit A is the much-touted Belt and Road Initiative (BRI), a $1 trillion program focused on the debt-financed construction of infrastructure in developing countries. Despite early signs of trouble – which, together with the Soviet Union’s experience, should give the CPC pause – China seems to be determined to push ahead with the BRI, which the country’s leaders have established as a pillar of their new “grand strategy.”
An even more egregious example of imperial overreach is China’s generous aid to countries – from Cambodia to Venezuela to Russia – that offer little in return. According to AidData at the College of William and Mary, from 2000 to 2014, Cambodia, Cameroon, Côte d’Ivoire, Cuba, Ethiopia, and Zimbabwe together received $24.4 billion in Chinese grants or heavily subsidized loans. Over the same period, Angola, Laos, Pakistan, Russia, Turkmenistan, and Venezuela received $98.2 billion.1
Now, China has pledged to provide $62 billion in loans for the “China-Pakistan Economic Corridor.” That program will help Pakistan confront its looming balance-of-payments crisis; but it will also drain the Chinese government’s coffers at a time when trade protectionism threatens their replenishment.
Like the Soviet Union, China is paying through the nose for a few friends, gaining only limited benefits while becoming increasingly entrenched in an unsustainable arms race. The Sino-American Cold War has barely started, yet China is already on track to lose.
if you’re looking for confirmation bias—and by all accounts, that’s the mode of analysis our president prefers—there is plenty of evidence to suggest that the only thing the Trump administration needs is More Trump.
.. the Trump clones did well. Sure, Corey Stewart and Kris Kobach lost. But Trump can tell himself that Virginia is a Clinton state he doesn’t need and that he couldn’t lose Kansas in 2020 if he tried. In important states—tossups he has to have for reelection—the Trump clones won. In Florida and Georgia, Ron DeSantis and Brian Kemp ran as Mini-Trumps. And not only did these two win, but they beat the kind of young, progressive minority candidates that the Democrats are itching to put up against Trump in two years... Trump skeptics took a thumping. Barbara Comstock, Mia Love, Mike Coffman—all of those uppity conservatives who voted for Trump when they had to, but refused to bend the knee? Gone, gone, and gone. And in case you doubt how crucial this was to the president, he spent several minutes of his postelection press conference naming and shaming the Republican losers who did not sufficiently “embrace”—his word, he used it five times—him... Because, as everyone knows, Carlos Curbelo would have held on to Florida’s 26th District—which is 72 percent Hispanic and 50 percent foreign-born—had he gotten on board with Trump’s plan to sign away birthright citizenship. Cuck got what he deserved... The gains in the Senate are even better. Not only did Republicans add to their number, they did so while subtracting people, such as Jeff Flake and Bob Corker, who never showed the same level of discernment as Beautiful Ted. The result is a bigger, Trumpier majority, which, by extension, will put even more pressure on the one or two remaining Republican senators who have been reluctant to embrace the president... So if, for instance, the president needed the Senate to confirm a judge or a new attorney general, or—and we’re just spitballing here—vote on a trial of impeachment, then Trump is in a much stronger position... for all the talk about how Trumpism is a reaction to leftism and social-justice warriors and political correctness, the truth is that it is principally an intra-party fight... And like the Maoists, the Trumpers aren’t really interested in picking a fight with the other superpower. They’re much more concerned with controlling the near abroad—which is to say, the Republican party. That’s why they tend to focus their hatred on Republicans and conservatives who decline to get on board, rather than on Democrats and liberals. Jeff Flake is the enemy; Kamala Harris is just a random nonplayer character... Always remember that Trumpers—the people who believe in him, not the remora fish looking for their bits of chum—care very little about the left. Their real opponents are other Republicans. Seen from that perspective, Tuesday’s vote was a huge success. Because for Trumpers, it’s never a binary choice. Wherever a Trump-skeptical Republican was running against a Democrat, Trumpism couldn’t lose... In the final weeks of the midterm campaign, 4 percent looked like the most important number in politics: unemployment was under it and GDP growth over it. This was, economically speaking, as good as it gets, and most political professionals thought Republicans should be running on these numbers... Yet Trump decided to close the election with American Carnage 2. He obsessed about the caravan that was winding its way to our southern border. (No one seems to have asked why they wouldn’t be deterred by the Wall that Mexico paid for.) Trump ordered 5,000 troops to the border. Then the number was 10,000. Then 15,000. Then he said he was going to order these soldiers to fire on anyone who threw a rock in their general direction, even though the caravan was still a thousand miles away. The president ran an anti-immigration ad so vile that Fox News—the network whose journalists appeared onstage at a Trump campaign rally—pulled it off the air... In short, Trump looked at our fat, happy days of peace and prosperity and decided to run on fear, division, and chaos. And he was right... In politics, as in every other facet of life, you must always consider opportunity cost. And yes, it’s possible that some other closing message from the president might have produced marginally better electoral outcomes for Republicans. But maybe not. At the very least, the president’s gambit did no great harm. There was no big break against Republicans. Most of the races went according to form... The caravan worked. Sticking with Brett Kavanaugh was smart. There was no price for playing “false flag” games with the attempted mail-bombing of Democrats. No apologies, for anything, ever... Those are the lessons of 2018 and the doctrines that will shape the war of 2020. You can understand why Trump looked across the country on Tuesday night and tweeted, “Tremendous success tonight. Thank you to all!” He was smiling. The GOP caucuses in both the House and Senate will be even more friendly to him than before. His enemies have been crushed beneath his feet... The problem with getting rid of Love and Curbelo and Comstock is that it gives Democrats control of the House. Trumpism may not be interested in Democrats, but Democrats are interested in Trump. And now they have subpoena power.
.. Once a new speaker is sworn in, the Democrats will be able to investigate and call witnesses and poke and prod the administration in ways we can foresee and ways we cannot. There are, for instance, reports that the president’s son expects to be indicted. If that comes to pass, any attempt by the president to protect him will face scrutiny with the force of law behind it.
.. The White House and its surrogates have announced that they welcome Democratic overreach and are prepared to make war against congressmen who push investigations. Trump expressly threatened potential investigators in his press conference.
.. But the kinds of Democrats willing to take the hardest line against Trump will be from the safest districts. Trump can’t hurt them. And, moreover, getting to overreach means enduring an awful lot of pain during the initial-reach. Clinton and the Democrats benefited from Republican overreach in the 1998 midterm elections. The experience was not terribly pleasant for them... There are other problems on the horizon. The Democrats who won on Tuesday—Jon Tester, Joe Manchin, Tim Kaine—tended to be more centrist. The party’s progressive stars—Beto! Andrew! Stacey!—were wiped out, leaving Alexandria Ocasio-Cortez sitting forlornly in the corner with her movie-star cheekbones, glamorous jackets, and lost dreams of a socialist-Democratic future. This does not mean that Democratic voters will choose a nominee who is in step with mainstream politics in 2020. But these losses make that possibility more likely. The lesson has been taught, and all Democrats have to do is learn it... There’s even the possibility that Democrats may look at the midterms and the caravan and learn a lesson about immigration. They’re never going to outbid Trump on nativism, but they don’t have to. All they have to do is convince a small share of marginal independent voters that they’re not secretly for open borders and that they do take illegal immigration seriously. If you can’t do that while maintaining your liberal base, then you don’t belong in professional politics. It’s not a heavy lift... The other problem for Trump is that the numbers don’t look especially good for him. It is difficult to imagine external circumstances being better for Republicans two years from now—you can’t really top “no major wars and 4 percent.” So the macro-environment will either be equivalent or worse... In 2016, he got the second-smallest share of the popular vote (46.1 percent) of any Republican since 2000. He ran 3 points—which is a lot—behind Republicans in the House popular vote that year. And in the 2018 midterms, he pulled the Republican share of the House popular vote down to his own 2016 level, to what is likely the third-smallest percentage for Republicans since 1994.. Trump won in 2016 because even though he ran behind most congressional Republicans, their turnout was enough to pull him over the line. Over the last two years, Republicans have been pulled backward toward him, not the other way around... The good news for Trump and his Republicans is that they won’t have to beat the ’27 Yankees. They just have to beat whomever the Democrats put in front of them... for Trump in 2020, there cannot be a Morning in America campaign. There will be no 48-state mandate that realigns American politics for a generation. At best, Trump can hope to radicalize Democrats into nominating a weak contender and then gamble that the country is closely enough divided to give him a chance of drawing to an inside straight, again. This is not a crazy strategy. It might even be the best move available on the board.All of which means more chaos, more apocalypse, more carnage. More Trump.
the other day, EJ Dionne praised a piece by Ramesh and me on the need to criticize Trump. I responded:Thanks.
That’s fine and I agree (and have been). But I think liberals should also think about how they invited the backlash that Trump rode. There’s plenty of blame across the ideological spectrum.
My tweet elicited a torrent of question-begging, self-righteous bilge from liberals who couldn’t imagine that liberals have any role in the mess that we are in. Assaults on free speech, the constant mockery and condescension from the commanding heights of Blue America, the refusal to consider any reasonable reforms to immigration, Hillary Clinton’s dynastic entitlement and contempt for “deplorables,” and the pushing of identity politics seem always to be noble do-goodery without a smidgen of overreach.
.. Michael Anton, who penned “The Flight 93 Election” back when he was hiding behind a pen-name, articulated very well in an exchange with me what millions of conservatives believe to be true:
The old American ideal of judging individuals and not groups, content-of-character-not-color-of-skin, is dead, dead, dead. Dead as a matter of politics, policy and culture. The left plays by new rules. The right still plays by the old rules. The left laughs at us for it — but also demands that we keep to that rulebook. They don’t even bother to cheat. They proclaim outright that “these rules don’t apply to our side.”
.. I disagree with Anton’s prescription — to surrender to identity politics and cheat the way our “enemies” do — but I cannot argue much with this description of a widespread mindset. Many on the right are surrendering to the logic of the mob because they are sick of double standards. Again, I disagree with the decision to surrender, but I certainly empathize with the temptation. The Left and the mainstream media can’t even see how they don’t want to simply win, they want to force people to celebrate their victories (“You will be made to care!”). It isn’t forced conversion at the tip of a sword, but at the blunt edge of a virtual mob.
.. Kevin Williamson’s views on abortion put him outside the mainstream. And he was fired from The Atlantic merely for refusing to recant them.
Meanwhile, extreme views on the left are simply hot takes or even signs of genius. Take the philosopher Peter Singer. He has at least as extreme views on a host of issues, and he is feted and celebrated for them. He is the author of the Encyclopedia Britannica’s entry on “Ethics.” He holds an endowed chair at Princeton. He writes regularly for leading publications. And he argues that sometimes it’s okay to kill babies, as in his essay “Killing Babies Isn’t Always Wrong.” “Newborn human babies,” he writes, “have no sense of their own existence over time. So killing a newborn baby is never equivalent to killing a person, that is, a being who wants to go on living.” He cutely asks whether people should cease to exist. (He ultimately and grudgingly answers “No.”) Oh, he also argues in favor of bestiality.
And he’s been profiled favorably in the pages of The Atlantic.
Article I, Section 8, Clause 11 of the Constitution grants Congress the power to “declare war.”
.. In practice, however, it seems as if the rule is observed mainly in the breach. In the post–World War II era, American forces have been committed time and again even in offensive military actions without even the slightest effort to obtain congressional authorization.
.. The latest example occurred on April 6, 2017, when President Trump ordered a cruise missile strike on Syria in retaliation for its use of chemical weapons
.. Unless there is classified information we don’t yet know, a strike of this nature is exactly the kind of military action that should require congressional approval.
.. We were not at war with Syria. We were not acting in immediate self-defense of our nation. We were not fulfilling a Senate-ratified treaty obligation.
.. Shrugging off the Constitution is a bipartisan practice.
- Who can forget President Obama’s strikes against Libya? He ordered offensive military action against a sovereign nation without a declaration of war.
- While George W. Bush obtained congressional authorization for the wars in Iraq and Afghanistan, his predecessor,
- Bill Clinton, launched extended aerial campaigns in the former Yugoslavia with no congressional vote.
years of presidential overreach, congressional inaction, and partisan bickering have jeopardized our constitutional structure. We are steadily moving away from the separation of powers and toward an unconstitutional legal regime that places sole war-making authority in the hands of an increasingly imperial presidency.
.. There are widespread reports that the president is considering launching a “bloody nose” strike against North Korea — a strike designed to send the strongest possible message, short of all-out war — that its ICBM program has to end.
.. The discussions are apparently so serious that the administration pulled its nominee for ambassador to South Korea, Victor Cha, because he opposed the strike. He then immediately took to the pages of the Washington Post to express his opposition
.. We are not facing the necessity of immediate self-defense. Oh, and in both countries, military action carries with it risks of dangerous escalation. With Russian boots on the ground in Syria, miscalculation risks a great-power conflict. With immense North Korean forces clustered near the border of South Korea, miscalculation risks a truly terrible war.
.. New military action in Syria and new military action in North Korea represent textbook cases for congressional authorization.
.. So why did the administration feel that it had the legal authority to order its Syria strike?
Well, it turns out there’s a memo.
.. Prior to the Syria strike, the administration generated a classified document by an “interagency group of attorneys” that analyzed the “legal basis for potential military action.”
.. We cannot sustain and protect our constitutional structure if we delegate arguments against the unconstitutional abuse of presidential authority exclusively to members of whichever party is out of power.
.. it’s time for Senator Corker to insist on a public debate and congressional authorization before we launch any new military action against North Korea.
.. While the facts supporting the argument may well be legitimately classified, the legal analysis itself — which will turn on questions of constitutional, statutory, and international law — should be a matter of open inquiry.