NYT on 'New Pacific Arsenal' to thwart China; Alperovitch & Krebs on the 'pacing threat'; Ferguson on far-away 'quarrels'; Chips Act progress & America's debt
NYT on A New Pacific Arsenal to counter China: “I do believe that the U.S. and our allies and partners are playing a stronger hand and that we would prevail in any fight that arose in the Western Pacific,” [Admiral Sam Paparo] said. “It’s a hand that I would not trade with our would-be adversaries, and yet we’re also never satisfied with the strength of that hand and always looking to improve it.”
Dmitri Alperovitch & Chris Krebs with Kara Swisher: How to Prevent War with China: “This one goes very deep on China and it is well worth a listen with.”
Niall Ferguson: “Levin and Johnson have realized, as former Secretary of State Mike Pompeo has long argued, that some quarrels in far-away countries must ultimately concern us. They are parts of a single war being waged by a new Axis against the fundamental values we hold dear: democracy, the rule of law, individual freedom. I predict that the isolationists’ counterarguments will not age well.”
Chris Miller: The Chips Act has been surprisingly successful so far
David Brooks: America is writing checks that mere optimism won’t cover.