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.
I know this not a PC thing to say, but I’m not a big fan of charity like this. I have family members and friends who visit food pantries. If not for the food pantry, I’d be paying for them out of my own pocket, and I too would eventually end up at the food pantry myself. They are all enormous people, of large size, who eat a lot, frivolously spend away every windfall they’ve ever received from settlements, lottery winnings, inheritances and tax refunds. As one sage and wealthy relative of mine once told me, never give that half… Read more »
Many taxpayers resent carry the burden of indiscriminate public assistance but would like to help those who need or deserve it. I go through a similar analysis while considering public pensions of full-time long-service teachers. A few of them perhaps deserved their final salary but there is no reliable system to evaluate them. The union with its seniority rules makes evaluation impossible. An associated problem is that it is impractical to have governments or charities make subjective judgments about who deserves a large salary or who has been a spendthrift. Can you imagine the size of the social worker army… Read more »