Word: post-cold
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...personnel and equipment expenditures. Among the additional outlays are research and development, training, maintaining the strategic nuclear arsenal, and the military costs incurred by the departments of Energy and Transportation as well as by other federal agencies. Taking all this into account, the annual budget for this hypothetical post-cold war force would be $195 billion. That is $86 billion less than the $281 billion the Bush Administration requested for fiscal 1993. Of course, it would take several years to bring the U.S. military down to these proposed levels. Moreover, TIME's projected costs would have to increase near...
...Defense planning," says former Secretary of Defense James Schlesinger, "is an art, not a science." TIME's blueprint for peacetime armed forces is certainly not the only feasible plan, but it is based on the most rational and pragmatic method for designing a post-cold war military: 1) devise a strategy, 2) decide the kinds and numbers of forces needed to carry it out, and 3) determine the cost...
...referendum in France on the Maastricht treaty, which is supposed to lay the basis for a European Union. French voters could decide they do not like the high interest rates dictated by Germany and vote non on the treaty. That would doom it and change the shape of post-cold war Europe...
AMERICA ABROAD: A Post-Cold War Boon...
...Bush and everyone else keep saying, Iraq and Yugoslavia are challenges to the post-cold war order. That realization in itself should exclude, or at least mute, references to Vietnam in the debate over how to meet those challenges...