China Says US Spends Too Much on Military - Page 2

Skybird · 07-12-11, 02:11 AM

The US has immense structural problems on several fronts. One of these problems is the immense interwoven relations between private defence industry and military . As long as that is so, and so many jobs lie in the defence industry, senators and governments will be extremely hesitent to cut back defence spendings. And if they would, job unemployement would go up pretty much comparable to the forecasted loss of tens of thousands of jobs along the shuttle coast and NASA country due to the Shuttle being decommissioned. US economy has never been switched back to peacetime production after WWII, but remained to depend on wartime production.

And for a country with so stellar debts like the US, referring to 5 of the GDP makes not as much sense anymore than it used to be. The total debt as % of GDP practically equalled the GDP and was almost 100% in 2010. Like in most Wetsern nations and in Germany as well, the inmherent debts are even higher, that means when counting future payment obligations by the state, for example pensions for future pensioners that currently still are working, and the interests the state needs to pay for the new credits it has to take for paying these pensions.. In Germany, this would mean that the official debts of 1.8 trillion would rise to over 5 trillion, if including such inherent future costs in the calculations. Don'T know how it is with the US, but I can't figure it to be any better, since the bureaucratic apparatus and the public service sector is not any smaller than in German society, is it.

Politicians should be threatened by death penalty to get involved in spending money of publif funds and taxes. Governments always spend more than the economy of their home nation can bring up. No m atter how rich, it never is enough, and all people agree that one should spend more than one can afford. Politicians have an interest to do actions pleasing people so that they get voted. So you have a classic interest conflict here. Maybe we should have a system with
1.) far less members (smaller population sizes, drastically smaller ones),
2.) politicians only haviong an option to make recommendations to regions on how to interact, but no power for binding orders, so that the decision-making remains where it should be, imo: in the local regions and on the low levels of the hierarchy of communal interaction. To have a legally binding limit of any kind to the number of existing laws and rules, also may be worth to be considered: no new law can be approved before another, older law gets deleted. the canon of rules and regulations needs to be observable and understandable for everybody both in numbers, and content.

Would be a very different world to live in, yes. But seeing how Western nations run from bancrupty to bancruptcy since many centuries and learn nothing from it, does not encourage me to consider our model of economy a success story. We are obsessed with the short time profit, but sacrifice longtime survivability for it. Since always. Practically all European states have gone bancrupt repeatedly in the past 5 or 6 centuries alone, some of them almost half a dozen times. Our basic model works...? (Not even starting to think about the environmental change our way to run economic business with our biosphere and natural resources is causing, and which has life threatening consequences for hundreds of millions in the world, and not even mentioning the cost in life due to corrupted global trade, hunger and diseases).

It'S all a mess that is FUBAR, and we are too damn many on this planet.

Castout · 07-12-11, 02:27 AM

Euope is in trouble, US is in trouble. China has the largest foreign currency reserve atm. If China doesn't fall for the temptation of being and doing things excessively and they keep their economy growing as such and able to control corruption I must say they are in a very good position to be the world's only superpower in 30-40 year time with livelihood(and the decline in quality of life) in much of Europe and US becoming harder or much harder than they have been in past 20 year. US could become another Greece in the America continent.

As it is their money brings them a lot of respect from both US and Europe. They can no longer be perceived as just another state.

Skybird · 07-12-11, 02:37 AM

Quote:

Originally Posted by Castout

Euope is in trouble, US is in trouble. China has the largest foreign currency reserve atm. If China doesn't fall for the temptation of being and doing things excessively and they keep their economy growing as such I must say they are in a very good position to be the world's only superpower in 30-40 year time with livelihood in much of Europe and US becoming harder or much harder than they have been in past 20 year.

Earlier.

But superpowers - I would argue a superpower is somebody who has no rival containing him. There were no two superpowers, just two dominant global powers during the cold war. When the Soviet Union collapsed, that made the US an apparent superpower for some years, it seemed nobody could compoete with its ficnial and economic power, and militariloy it seemed to be iinvincible. Then in recent years it's military and growing financial impotence and inherent economic disease has become evident, and it stopped to be a superpower. It will never be again. Also, China never will never be a superpower because I do not see - while they are in an economic climb - that they could ever acchieve a status of undisputed military global dominance. But saooner or later China will hit the same limitations like others before them.

Kazuaki Shimazaki II · 07-12-11, 02:44 AM

I think, in common usage, that 1 peerless power is called these days, a "hyper"power.

Castout · 07-12-11, 02:57 AM

Quote:

Originally Posted by Skybird

Earlier.

But superpowers - I would argue a superpower is somebody who has no rival containing him. There were no two superpowers, just two dominant global powers during the cold war. When the Soviet Union collapsed, that made the US an apparent superpower for some years, it seemed nobody could compoete with its ficnial and economic power, and militariloy it seemed to be iinvincible. Then in recent years it's military and growing financial impotence and inherent economic disease has become evident, and it stopped to be a superpower. It will never be again. Also, China never will never be a superpower because I do not see - while they are in an economic climb - that they could ever acchieve a status of undisputed military global dominance. But saooner or later China will hit the same limitations like others before them.

Yeah in 10-20 years probably but they will probably only reach their apex in about 30 years or so.

If they are wise to learn from history they would not fall as others did. But greed and lust of power and corruption are always a universal vice.

nikimcbee · 07-12-11, 02:15 PM

Quote:

Originally Posted by GoldenRivet

U.S. Says China needs to mind her own business and build more junk for wal mart.

Quote:

"If the U.S. could reduce its military spending a bit and spend more on improving the livelihood of the American people ... wouldn't that be a better scenario?" he said.

China says:" Barak, where's my money?" You pay now.

nikimcbee · 07-12-11, 02:23 PM

China says to the bamster:

07-12-11, 02:11 AM	#16
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,778 Downloads: 10 Uploads: 0	The US has immense structural problems on several fronts. One of these problems is the immense interwoven relations between private defence industry and military . As long as that is so, and so many jobs lie in the defence industry, senators and governments will be extremely hesitent to cut back defence spendings. And if they would, job unemployement would go up pretty much comparable to the forecasted loss of tens of thousands of jobs along the shuttle coast and NASA country due to the Shuttle being decommissioned. US economy has never been switched back to peacetime production after WWII, but remained to depend on wartime production. And for a country with so stellar debts like the US, referring to 5 of the GDP makes not as much sense anymore than it used to be. The total debt as % of GDP practically equalled the GDP and was almost 100% in 2010. Like in most Wetsern nations and in Germany as well, the inmherent debts are even higher, that means when counting future payment obligations by the state, for example pensions for future pensioners that currently still are working, and the interests the state needs to pay for the new credits it has to take for paying these pensions.. In Germany, this would mean that the official debts of 1.8 trillion would rise to over 5 trillion, if including such inherent future costs in the calculations. Don'T know how it is with the US, but I can't figure it to be any better, since the bureaucratic apparatus and the public service sector is not any smaller than in German society, is it. Politicians should be threatened by death penalty to get involved in spending money of publif funds and taxes. Governments always spend more than the economy of their home nation can bring up. No m atter how rich, it never is enough, and all people agree that one should spend more than one can afford. Politicians have an interest to do actions pleasing people so that they get voted. So you have a classic interest conflict here. Maybe we should have a system with 1.) far less members (smaller population sizes, drastically smaller ones), 2.) politicians only haviong an option to make recommendations to regions on how to interact, but no power for binding orders, so that the decision-making remains where it should be, imo: in the local regions and on the low levels of the hierarchy of communal interaction. To have a legally binding limit of any kind to the number of existing laws and rules, also may be worth to be considered: no new law can be approved before another, older law gets deleted. the canon of rules and regulations needs to be observable and understandable for everybody both in numbers, and content. Would be a very different world to live in, yes. But seeing how Western nations run from bancrupty to bancruptcy since many centuries and learn nothing from it, does not encourage me to consider our model of economy a success story. We are obsessed with the short time profit, but sacrifice longtime survivability for it. Since always. Practically all European states have gone bancrupt repeatedly in the past 5 or 6 centuries alone, some of them almost half a dozen times. Our basic model works...? (Not even starting to think about the environmental change our way to run economic business with our biosphere and natural resources is causing, and which has life threatening consequences for hundreds of millions in the world, and not even mentioning the cost in life due to corrupted global trade, hunger and diseases). It'S all a mess that is FUBAR, and we are too damn many on this planet. __________________ If you feel nuts, consult an expert. Last edited by Skybird; 07-12-11 at 02:29 AM.

07-12-11, 02:27 AM	#17
Castout Silent Hunter Join Date: Nov 2006 Location: Jakarta Posts: 4,794 Downloads: 89 Uploads: 6	Euope is in trouble, US is in trouble. China has the largest foreign currency reserve atm. If China doesn't fall for the temptation of being and doing things excessively and they keep their economy growing as such and able to control corruption I must say they are in a very good position to be the world's only superpower in 30-40 year time with livelihood(and the decline in quality of life) in much of Europe and US becoming harder or much harder than they have been in past 20 year. US could become another Greece in the America continent. As it is their money brings them a lot of respect from both US and Europe. They can no longer be perceived as just another state. __________________ My blog: http://exposingsingapore.wordpress.com/

07-12-11, 02:23 PM	#22
nikimcbee Fleet Admiral Join Date: Jul 2003 Location: Patroling the Slot. Posts: 17,952 Downloads: 90 Uploads: 0	China says to the bamster: __________________

07-12-11, 02:44 AM	#19
Kazuaki Shimazaki II Ace of the Deep Join Date: Jan 2006 Posts: 1,140 Downloads: 5 Uploads: 0	I think, in common usage, that 1 peerless power is called these days, a "hyper"power.