The Intelligence from The Economist Under-armed sweat: America’s “arsenal of democracy”
May 9, 2022
Anton LaGuardia, Diplomatic Editor at The Economist, discusses the implications of American armory depletion amidst ongoing conflicts like the one in Ukraine. Samaya Keynes, Britain’s Economics Editor, sheds light on the sharp rise in inflation affecting living standards and the surge in food bank usage. John Parker, International Correspondent, analyzes the surprising demographic shifts contributing to California's population decline. Together, they explore how these issues converge in today's global landscape.
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Depleted Hardware
- Russia and Ukraine struggle to maintain sufficient military resources.
- This situation draws parallels to America's historical role as an "arsenal of democracy."
WWII Arsenal of Democracy
- During World War II, President Roosevelt described America as the "arsenal of democracy."
- He emphasized providing war implements to European allies fighting for their liberty and American security.
Modern Arsenal of Democracy
- President Biden echoes Roosevelt, calling America an "arsenal of democracy" for Ukraine.
- Wars consume more weapons than expected, and America's production capacity differs from the 1940s.