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    It's the Economy that Matters Most
    It's the Economy that Matters Most
    It's the Economy that Matters Most
    Ebook66 pages2 hours

    It's the Economy that Matters Most

    By Richard Holdren

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    Every American concerned about protecting Freedom and the right to property and prosperity must read this book. The enemies of the United States are not out to conquer the US militarily. They are seeking to collapse the US from within. They attack not our military,they instead target the US way of life: Its Economy.

    In 2008 as a student at the US Army War College, LTC Richard Holdren researched the effects of national policy on the US economy. What LTC Holdren discovered shocked him. He realized how little he knew about the war in Iraq and Afghanistan and how it was being engaged. LTC Holdren's discovery changed the way he viewed strategy and national policy. LTC Holdren's research led to the publishing of this essay in May 2008, just four months before the crash of the Housing Bubble. LTC Holdren's essay was not only relevant back in May 2008, but it is true for today, and the reason for this book.

    LTC Holdren discovered the true enemy to the US way of life may not be from outside the US but from within the US. The enemy is not a military force or idealism. The enemy is the habit of debt for which the US government is addicted.

    Every American, who wants to perserve the American way of life must read this book to understand the strategic choices which must be made in the near future. The American way of life depends on an educated American public. This book explains in a very clear language the strategic choices which lie ahead for America.

    There are three sets of security challenges facing the U.S.: First, the current challenge of winning the “long war” (current); second, the potential security challenges, which have been identified by the current U.S. strategy documents (identifiable) ; and third, unforeseen events that cannot be predicted which can create a shock to the system (uncertain).

    This book explains the best way to mitigate risk across a broad range of current, identifiable, and uncertain security challenges is to develop a national strategy that focuses on developing an adaptive, responsive economy.

    An adaptive, responsive economy is defined as an economy that adjusts and reacts appropriately to changing environmental conditions. Solving the strategic risk equation requires a shift of focus from the military element of U.S. power, towards the economic element of power. Therefore, the most important element of U.S. security strategy must be to recognize the U.S. economy as its Strategic Center of Gravity and enact policy to enable and protect the U.S. economy.

    This book explains why the economy must be an integral element of a future National Security Strategy and offer some domestic and foreign policy recommendations to enable and protect an adaptive, responsive economy.

    LanguageEnglish
    PublisherRichard Holdren
    Release dateMar 11, 2012
    ISBN9781452456331
    It's the Economy that Matters Most

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      Book preview

      It's the Economy that Matters Most - Richard Holdren

      It's the Economy that Matters Most

      Lieutenant Colonel Richard J. Holdren

      Published by Richard Holdren at Smashwords

      Copyright 7 May 2008 Richard Holdren

      Smashwords Edition, License Notes

      This e-book is licensed for your personal enjoyment only. This e-book may not be re-sold or given away to other people. If you would like to share this e-book with another person, please purchase an additional copy for each recipient. If you're reading this book and did not purchase it, or it was not purchased for your use only, then please go to Smashwords.com and purchase your own copy. People honoring the copyright of the author by purchasing this e-book allow the author to keep prices low for everyone. Thank you for respecting the hard work of this author.

      ~~~~~

      USAWC PROGRAM RESEARCH PAPER

      IT’S THE ECONOMY THAT MATTERS MOST

      by

      Lieutenant Colonel Richard J. Holdren

      United States Army

      Topic approved by:

      Colonel (USMC, Ret) Walter J. Wood

      Project Adviser

      This DDE Research Project is submitted in partial fulfillment of the requirements of the Master of Strategic Studies Degree. The U.S. Army War College is accredited by the Commission on Higher Education of the Middle States Association of Colleges and Schools, 3624 Market Street, Philadelphia, PA 19104, (215) 662-5606. The Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation.

      The views expressed in this student academic research paper are those of the author and do not reflect the official policy or position of the Department of the Army, Department of Defense, the U.S. Government or any of its agencies.

      U.S. Army War College

      Carlisle Barracks, Pennsylvania 17013

      ~~~~~

      Table of Contents

      Abstract

      Acknowledgements

      US Defense Strategy Constructs

      Current and Identified Challenges to US National Security

      The Long War

      Building a New US National Strategy

      Building the Foundation for an Adaptive, Responsive Economy

      An Argument against an Adaptive, Responsive Economy: Creative Destruction

      Mitigating Creative Destruction

      National Policy for an Adaptive, Responsive Economy

      Domestic Policy Recommendations

      Maintain the Soundness of US Financial Markets

      The Economic Role in Foreign Policy

      The Importance of Economic Connectivity

      Conclusion

      Endnotes

      ~~~~~

      ABSTRACT

      AUTHOR: Richard J. Holdren

      TITLE: It’s the Economy that Matters Most

      FORMAT: DDE Research Project

      DATE: 7 May 2008

      CLASSIFICATION: Unclassified

      There are three sets of security challenges facing the U.S.: First, the current challenge of winning the long war (current); second, the potential security challenges, which have been identified by the current U.S. strategy documents (identifiable) ; and third, unforeseen events that cannot be predicted which can create a shock to the system (uncertain). This paper argues the best way to mitigate risk across a broad range of current, identifiable, and uncertain security challenges is to develop a national strategy that focuses on developing an adaptive, responsive economy. An adaptive, responsive economy is defined as an economy that adjusts and reacts appropriately to changing environmental conditions. Solving the strategic risk equation requires a shift of focus from the military element of U.S. power, towards the economic element of power. Therefore, the most important element of U.S. security strategy must be to recognize the U.S. economy as its Strategic Center of Gravity

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