PNAC: Why American business should care

[Logansquare]

Ronald Bosrock of the Star Tribune alerts business readers about PNAC--and how it will stifle our economy. Well..whatever works!

http://www.startribune.com/stories/535/4172267.html

"In June 1997, a group of self-proclaimed foreign-policy experts drafted a statement of principles aimed at making a case that the United States should use its position as the world's only superpower to shape the events of the 21st century, to ensure they are favorable to America's principles and interests. The statement maintained that the United States has a vital role to play in advancing the cause of peace and security throughout the world and that the use of military power and bold global leadership will be essential elements of this plan. The goal was to make America as great a nation in the 21st century as it had been in the 20th century."<snip>
...

"But why should American business be concerned about the Project for the New American Century and its influence on U.S. foreign policy? After all, this area of government seldom has been of interest to the business community.

Here's why: Today, the United States is subject to economic competition that for the first time since the end of the Cold War threatens to challenge our position as the world's preeminent economy. The European Union has announced its intention to become America's main competition when, next year, the number of E.U. countries grows from 15 to 25 with a total population exceeding 450 million. China and India fast are closing the gap and promise to be major competitors within the decade."