Sunday, January 23, 2011

"Dependence Day"

Stumbled upon (via Belgian blogger and freedom fighter Michael's Downeastblog) this remarkable yet troubling essay by Mark Steyn at The New Criterion:
On the erosion of personal liberty...
"If I am pessimistic about the future of liberty, it is because I am pessimistic about the strength of the English-speaking nations, which have, in profound ways, surrendered to forces at odds with their inheritance. “Declinism” is in the air, but some of us apocalyptic types are way beyond that. The United States is facing nothing so amiable and genteel as Continental-style “decline,” but something more like sliding off a cliff.

In the days when I used to write for Fleet Street, a lot of readers and several of my editors accused me of being anti-British. I’m not. I’m extremely pro-British and, for that very reason, the present state of the United Kingdom is bound to cause distress. So, before I get to the bad stuff, let me just lay out the good. Insofar as the world functions at all, it’s due to the Britannic inheritance. Three-sevenths of the G7 economies are nations of British descent. Two-fifths of the permanent members of the U.N. Security Council are—and, by the way, it should be three-fifths: The rap against the Security Council is that it’s the Second World War victory parade preserved in aspic, but, if it were, Canada would have a greater claim to be there than either France or China. The reason Canada isn’t is because a third Anglosphere nation and a second realm of King George VI would have made too obvious a truth usually left unstated—that the Anglosphere was the all but lone defender of civilization and of liberty. In broader geopolitical terms, the key regional powers in almost every corner of the globe are British-derived—from Australia to South Africa to India—and, even among the lesser players, as a general rule you’re better off for having been exposed to British rule than not: Why is Haiti Haiti and Barbados Barbados?

And of course the pre-eminent power of the age derives its political character from eighteenth-century British subjects who took English ideas a little further than the mother country was willing to go. In his sequel to Churchill’s great work, The History of the English-Speaking Peoples, Andrew Roberts writes:

Just as we do not today differentiate between the Roman Republic and the imperial period of the Julio-Claudians when we think of the Roman Empire, so in the future no-one will bother to make a distinction between the British Empire–led and the American Republic–led periods of English-speaking dominance between the late-eighteenth and the twenty-first centuries. It will be recognized that in the majestic sweep of history they had so much in common—and enough that separated them from everyone else—that they ought to be regarded as a single historical entity, which only scholars and pedants will try to describe separately.

If you step back for a moment, this seems obvious. There is a distinction between the “English-speaking peoples” and the rest of “the West,” and at key moments in human history that distinction has proved critical.

Continental Europe has given us plenty of nice paintings and agreeable symphonies, French wine and Italian actresses and whatnot, but, for all our fetishization of multiculturalism, you can’t help noticing that when it comes to the notion of a political West—one with a sustained commitment to liberty and democracy—the historical record looks a lot more unicultural and, indeed (given that most of these liberal democracies other than America share the same head of state), uniregal. The entire political class of Portugal, Spain, and Greece spent their childhoods living under dictatorships. So did Jacques Chirac and Angela Merkel. We forget how rare on this earth is peaceful constitutional evolution, and rarer still outside the Anglosphere.

Decline starts with the money. It always does. As Jonathan Swift put it:
A baited banker thus desponds,
From his own hand foresees his fall,
They have his soul, who have his bonds;
’Tis like the writing on the wall.

Today the people who have America’s bonds are not the people one would wish to have one’s soul. As Madhav Nalapat has suggested, Beijing believes a half-millennium Western interregnum is about to come to an end, and the world will return to Chinese dominance. I think they’re wrong on the latter, but right on the former. Within a decade, the United States will be spending more of the federal budget on its interest payments than on its military.

According to the cbo’s 2010 long-term budget outlook, by 2020 the U.S. government will be paying between 15 and 20 percent of its revenues in debt interest—whereas defense spending will be down to between 14 and 16 percent. America will be spending more on debt interest than China, Britain, France, Russia, Japan, Germany, Saudi Arabia, India, Italy, South Korea, Brazil, Canada, Australia, Spain, Turkey, and Israel spend on their militaries combined. The superpower will have advanced from a nation of aircraft carriers to a nation of debt carriers.

What does that mean? In 2009, the United States spent about $665 billion on its military, the Chinese about $99 billion. If Beijing continues to buy American debt at the rate it has in recent years, then within a half-decade or so U.S. interest payments on that debt will be covering the entire cost of the Chinese military. This year, the Pentagon issued an alarming report to Congress on Beijing’s massive military build-up, including new missiles, upgraded bombers, and an aircraft-carrier R&D program intended to challenge American dominance in the Pacific. What the report didn’t mention is who’s paying for it. Answer: Mr. and Mrs. America. (the entire 'must read' essay here)