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In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations. ↗
So in terms of the global economic footprint, let's just say China within the next decade and a bit is likely to emerge as the world's largest economy. Obviously its foreign policy and security policy footprint increases and that creates both challenges and opportunities for us all. ↗
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