Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Spending chart:
1. Politicians get 15%
2. Relative gets 20%
3. Connected campaign donor gets 20%
4. Politicians ask get 15% more just because
5. Connected vendors get 10%
6. Politicians get 5% more
7. 5% lost due to accounting errors
8. 5% just stolen by whoever can
And the rest goes to the program