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Synchronizing Foreign Policy, Trade Policy, and Defense Budget
During the Cold War the U. S. was in a “no holds barred” ideological struggle with the Soviet Union and to a lesser extent with China, with significant military implications. Since, the U. S. had the largest and most prosperous economy at the time, and the communist order threatened our way of life, there were no serious restrictions on military and foreign policy budgets. Contemporary economic reality and domestic priorities, however, place significant constraints on what the U. S. can afford to spend on its defense and foreign aid budgets.
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