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The New Year Past and Future

James Petras :: 31.12.18

Introduction: They year 2018 ended with bitter partisan conflicts over narrow issues. Over seventy percent of the federal budget was approved by both parties and another twenty-nine percent was delayed because of a conflict over ‘border security’ involving expenditures of less than one hundredth of one percent.

Multiple wars, coups, sanctions and trade disputes dominated the US political agenda. War budgets grew, military sales increased and frictions between the US and Saudi Arabia bubbled to the surface . . . and dissipated.

We will proceed to provide a realistic assessment of the US in world politics during the past year, as a prelude to what we can expect in the coming year – 2019.

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