China's recent displays of military activity and development have alarmed members of Congress and the Pentagon alike, but according to a former Reagan administration official, no one in office today has the right approach to keeping China at bay.
BIDEN, IN CALL WITH CHINA'S XI JINPING, SETS 'GUARDRAILS' TO ENSURE 'COMPETITION DOES NOT VEER INTO CONFLICT'
Sekora said the U.S. will not be able to catch up to China, no matter how much money is poured into research and development, until the administration adopts a different national technology strategy. Currently, he said, the U.S. employs finance-based planning, which he said boils down to,"We are going to spend more money than they are.
Project Socrates was the result of the Reagan administration believing that a return to a tech-focused approach – overseen by the government – would help counter the Soviet Union. It involved a system that included a program that mapped out existing technologies and identified competitors while playing the"what-if game" to predict how the tech environment might develop.
According to Sekora, the U.S. has been at a self-imposed disadvantage due to a finance-based planning economic strategy that focuses on maximizing profits in the short-term rather than producing the best products to establish long-term market dominance. Instead of focusing on developing and acquiring the best technologies, the government focuses on dollars and cents.
House Armed Services Committee ranking member Rep. Mike Rogers, R-Ala., agrees that a technology-based strategy is key for improving defense, while finance-based planning can hinder progress.
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