US Seeks to Invest in Other Countries to Counteract Chinese
by John Lawrence, October 11, 2018
The Chinese are building infrastructure projects in other countries around the world thus gaining friends and influencing people. The US with its war machine seeks to solve every problem by intimidation or outright war. But now the Trump administration is catching on to the Chinese initiative and is deciding to do a little infrastructure investing itself - in other countries. Meanwhile, infrastructure within the US languishes. Hey Trump, why not do a little infrastructure investing in your own country? Maybe the Democrats should adopt the motto, MAKE AMERICAN INFRASTRUCTURE GREAT AGAIN! Right now it is piss poor and is marginally rebuilt after every hurricane, tornado and wildfire. In the interest of mitigating climate change, all telephone and electrical wires should be undergrounded. Trump says we'll send thousands and thousands of electrical workers to Florida to get the lights back on after the latest Hurricane Michael took them all down again. It's bullshit as usual.
The Wall Street Journal reported:
The U.S. is finalizing plans to double funding for big infrastructure projects around the world, seeking to counter China’s growing influence.
Congress is working to resolve the last barriers to passing a bill that would boost the U.S's role in international development. It would combine several little known government agencies into a new body, with authority to do $60 billion in development financing - more than double the cap of the current agency that performs that function.
I doubt if $60 billion is enough to counter the Chinese. The US spends $1 trillion annually on its military and military-industrial-intelligence complex and looks at every international problem through the lens of war. If all you have is a hammer, you tend to see every problem as solvable by a hammer. Maybe the US should convert some of the money it spends on war to peaceful development projects. But doesn't charity begin at home? What about American infrastructure which is $4 trillion in arrears?
MAKE AMERICAN INFRASTRUCTURE GREAT AGAIN!