National Review, March 24th, 1989
Without its army, the USSR is a Third World country.
Now it wants Third World-style loans-loans it can never repay. To help Gorbachev's reform program instead of the Red Army, why not send CARE packages to the Soviet people?
THE WISDOM of investing in, or lending money to, Gorbachev's Russia, as he would like us to do, is doubtful for two reasons: one economic, the other political. First the economic reason. Suppose that Gorbachev succeeds: Soviet industry becomes efficient, consumer goods plentiful, and agriculture produces more than enough to feed the Soviet Union.
This would take many ...
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