Comments by "serafina costa" (@serafinacosta7118) on "Is the Military Power of the USA Being Undermined by Bureaucracy? - VisualPolitik EN" video.
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When he said social spending , the lion share goes to “Entitlements “.
The lump sum of retirement and medical care under the Social Security Administration and programs like Medicare is about, at present figures, for the next 30 years , over 100 USD trillion dollars.
Most of the contributions deducted from payroll become converted into Treasury Securities ( Bills, Notes, Bonds ). A lot of I.O.U.s. And none of it guaranteed in the Constitution.
Over 2/3 of the Federal budget is earmarked for “ Entitlements “ and Defense. All tax levies barely cover to service the Federal Debt.
These entitlement liabilities are not even listed as such , meaning it does not follow GAAP Accounting Guidelines. Hence why they call them unfunded lisbilities. The Social Security is fully funded, at current levels .
That is the tug of war ….Entitlements , Special Programs ( Housing, Efucation, Agriculture , Transportation ) x Defense.
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@dustintacohands1107 Watch the documentary then. Al Jazeera. One Chinese businessman bought an entire building, and turned it into a hotel.
Other, buying stones , has Taliban ‘s handpicked guards escorting him around.
And a third , gazing upon a wasteland , is telling how his city will look like , out of a pile of rocks.
What you are missing ….
1. When the US sent weapons to the Mujahedin fight against the Soviets , they also sent men from the US Survey Services. Underneath that pile of rocks lies untold riches on minerals. The entire country is a huge mine pit. And China wants all of it.
2.. Old adage. …British are travelers , Americans are Tourists. Take comfort , Americans won’t last.
3. You don’t see Chineses Party Bureaucrats or Military men. Just yet. You see businessmen , just as Americans would sent Missionaries and Carpet Baggers.
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