#For the US, being No. 2 might be good for business

#For the US, being No. 2 might be good for business

Dwight Eisenhower had it right when he warned of a “defense-industrial complex” but not for what most people thought or understood at the time or since. The president was fearful that putting too many resources into that complex to overemphasize national security would have the opposite effect. The drain, he believed, on the private sector economy would…

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#Is the US getting Asia wrong? 

#Is the US getting Asia wrong? 

At first glance, President Biden’s upcoming state visit to Vietnam this weekend — coming on the heels of a successful trilateral summit last month, where it forged new defense and high-tech cooperation with South Korea and Japan — appears to underscore Biden’s efforts to deepen U.S. ties in the Asia-Pacific.   Hanoi and Washington are poised to declare…

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