In the 1970s, rather than rebuilding the military after the Vietnam War, President Jimmy Carter let it go hollow—the military looked okay on paper, but readiness dropped to appalling levels. President Bill Clinton adopted a similar strategy after the Cold War. They both did it for the same reasons: Wanting …
Members of Congress called Apple executives to testify on Capitol Hill yesterday. Why? Because the company makes money overseas, and some Senators want to get their hands on the cash. A Senate subcommittee accused the company of “shifting” profits from the U.S. to other countries and avoiding paying taxes. But …
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