Fiscal Redemption Requires A Republic—Not An Empire, Part 2

The war-weary Washington policy makers were absolutely correct when they brought America’s 12 million-man expeditionary force home from Asia, Europe and the Seven Seas after August 1945. So doing, of course, they also abruptly closed the sluice-gates to what was America’s Brobdingnagian $1.7 trillion war budget in today’s dollars (FY 2025 $). But as we noted in Part 1, that figure had shrunk by a stunning 93% to just $125 billion by 1948 as post-war demobilization proceeded apace.

And well it should have. Among the burned out and exhausted lands abroad after V-E Day and V-J Day there was absolutely no military threat anywhere on the planet to the homeland security and liberty of America.

Japan’s leading cities had been fried alive by horrendous nuclear and conventional bombing assaults; Germany’s industrial and urban areas had been laid waste by bomber storms night after night for months on end; Italy had long since hung its wartime leader in a convulsion of political upheaval; France was barely functioning economically and politically after four years of brutal Nazi occupation; England was utterly bankrupt and so demoralized that its electorate had thrown its wartime leader, Winston Churchill, to the political wolves; and that is to say nothing of the prostate corpus of Stalinist Russia.

And we do mean prostrate. During WWII Soviet Russia had suffered 27 million military and civilian deaths due to bombs, bullets, starvation, disease, pestilence, atrocities and other barely imaginable inhuman afflictions. And that was atop 32,000 industrial enterprises that had been pulverized, along with upwards of 70,000 towns and villages destroyed by the marauding Nazi armies. In all, at war’s end tens of millions of Soviet citizens had been left destitute owing to the brutality of both their communist rulers at home and the German invaders who had descended upon them from the west for the second time in 25 years.

In some kind of ghoulish absolution, therefore, the slate had been wiped clean. There was not even a scant reason for American expeditionary forces to remain outside the homeland. And that’s to say nothing of maintaining bases, alliances and commitments to intervene anywhere abroad that would put American servicemen in harms’ way and involve Washington in the “entangling alliances” against which Jefferson and Washington himself had forewarned.

And yet and yet. Exactly 11 months after Hitlers’ demise at his own hand in his bunker and eight months after Armageddon had been visited upon Hiroshima and Nagasaki, the inveterate out-of-power war-mongering Winston Churchill delivered his “Iron Curtain” speech in Fulton Missouri. That was the opening call to the Cold War, which was powerfully seconded barely 10 months latter when the then accidental US president from the same state delivered his “Truman Doctrine” speech to a joint session of Congress. That latter was a belligerent oration which ignited the Cold War and the costly, suffocating web of entangling alliances that it fostered and the post-1947 American Empire that grew therefrom.

In light of all that was known then and which has transpired since, however, it can be well and truly said that the ruckus in Greece and Turkey caused by local communist parties, which was the basis for Truman’s declaration, didn’t amount to a hill-of-beans with respect to the homeland security of America. These long ago political skirmishes should get but a scant mention in world history books, and none at all in America’s.