The Importance of the Navy

Friedman argues America’s power on the world stage will actually increase in the 21st Century for three major reason:

  • The immense size of the U.S. economy: The current crisis is painful and America’s deficits are shocking on an absolute basis but are “trivial” relative to the country’s net worth, which Friedman estimates is about $340 trillion.
  • The unrivaled dominance of the U.S. Navy: Even in the digital age, control of the high seas is paramount in geopolitics.
  • The ability of the U.S. to absorb immigrants, both culturally and in terms of the nation’s relatively low population density.

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