Saturday, May 7, 2016
The McLaughlin Group - May 7th - CBS NY + PBS Nationwide
FULL EPISODE
My time linked comments:
Robert Gates is great, and the US Navy has two standards - one for flag ranks and one for junior officers/POs - and US carriers are increasingly vulnerable
US Navy has European role, but the Germans and EU generally must do more or lose US bases
US Military proficiency is critical blend of both skill and capabilities
Difference between trading with US and China for developing economies - rules
The Chinese economy has lost its low-value foundation, and is dominating S.C Sea
Noting that China's dominion of S.C Sea affects US wallets - and US allies
China doesn't need to fight for S.C Sea because President Obama has relinquished it to them
3Dprinting will not replace shipping, but trade routes in Arctic (as I note just after Pat) represent an element of the new great game!
Challenging Pat on notion that we would threaten Russian ships in Caribbean - we would simply monitor
Panama will gain big economic benefits from Canal expansion
Millennials should live in low-rent areas and save, we should make construction planning easier, we should avoid wealth transfers from young to old, we should encourage more young people to pursue technical trades
Failing Dr. M test on average age of first home-buyers (guess 30!). But noting statistic (30) must reflect Midwestern locales!
Education is key to social mobility
Dr. M has a funny moment!
Prediction:
Expect major uptick in US high-value targets strikes against Daesh
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