Post by EPIC Sir Tinley on Sept 23, 2022 5:47:28 GMT -8
Five Myths About China
The digital age was a byproduct of America’s Cold War victory. In 1973, Soviet surface-to-air missiles destroyed 100 American planes flown by Israel. Soviet anti-tank weapons were the world’s best. America was depleted by Vietnam. The oil price quadrupled, to America’s detriment and Russia’s advantage. The smart money bet on a Russian victory in the Cold War.
But in 1982, American and Israeli avionics destroyed nearly 100 Russian airframes in a day’s fighting in the Beqaa Valley. In between those two milestones, we invented every technology of the digital age, all with basic research funded by the Pentagon. The federal development budget was nearly 1% of GDP, vs. 0.3% today. When Reagan announced the Strategic Defense Initiative in 1983, Russia concluded that it couldn’t compete with American technology, and Communism fell. That was high-tech sorcery. Today we have sorcerer’s apprentices playing war games with Taiwan.
A Dangerous Mythology
Right now we are laboring under five myths about China that could get a lot of us killed.
We have five cats to bell:
We need to fund federal R&D at the Reagan level, that is, an additional 1% of GDP, or roughly $2 trillion over ten years;
We need a radical revision of tax and regulatory policy to favor capital-intensive manufacturing;
We need selective subsidies for mission-critical industries;
We need to shift in educational priorities toward engineering and hard science; and
We need to shift defense priorities away from legacy systems toward innovation, including space-based missile defense, directed-energy weapons, cyber war, and drone swarms.