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Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

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Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#61

OK, Jack Ma, what if USA wasn't strong enough to be feared by others? What would we have? War. Pax Americana is probably a great investment, others might want to be thankful (up to a point) as peace has lifted all boats. Plus, that $14 Trillion was invested in US companies, granted military leaning ones but still the money was put back in our economy. And USA sold and will sell a lot of weapons because of that R & D

Do you call the situation in the Middle Ease peace? Not saying that it's the US's fault ...

NO, but it's just there, localized conflict.

Plus it started recently and war is (kinda) the default state in some places. It can be a lot worse

Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#62
post #30

So is the 178 billion china has spent this year which is also growing faster than the US [0] also wasted then? [0]: https://en.wikipedia.org/wiki/People%27s_Liberation_Army#Mil...

A lot of the money spent on wars is not included in the military budget. George W Bush was famous for doing that: he'd put the Iraq war money in the "supplemental budget", so it wouldn't show up in the deficit or the Pentagon budget.

Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#63
post #11

Earlier quoted context omitted.

Our roads are bad. We lack decent public transportation. Our internet speeds are slow and overly exspensive. We do not have most of the infrastructure we need. Jack Ma calls it warfare you call it defense. Whatever term you wish to use is fine with me. The trillions we spent on defense in Iraq and Afghanistan certainly was not well spent. We do have an obligation to defend the Ukraine against Russian attacks. That wa…

Part of that deal was also that Ukraine would not be part of the OTAN, but a firewall between the OTAN and Russia.

Yes, NATO expansion riled Russia and this is the result of imperial hubris on the part of the U.S.

Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#64
post #18

[flagged]

Curious—have you ever actually been to China? Those exist, but a lot of the infrastructure is used a hell of a lot more than most American infrastructure, where passenger trains are so crappy nobody rides them except in a handful of cities, and vast, usually empty roads are covered in potholes.

[deleted]

Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#65

OK, Jack Ma, what if USA wasn't strong enough to be feared by others? What would we have? War. Pax Americana is probably a great investment, others might want to be thankful (up to a point) as peace has lifted all boats. Plus, that $14 Trillion was invested in US companies, granted military leaning ones but still the money was put back in our economy. And USA sold and will sell a lot of weapons because of that R & D

Do you call the situation in the Middle Ease peace? Not saying that it's the US's fault ...

It could be much worse.

Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#66

[flagged]

This is a crap response. I went to Shanghai about 3 summers ago right when Denver was finishing up the "A Line" train from Downtown to the Airport. This project cost over a billion dollars and the damn thing can't run smoothly or stay operational. Tons of issues. Meanwhile we took the Maglev train from the Pudong Airport to the Shanghai City Center. The Maglev cost $1.2 billion dollars [1]. The train can travel up to…

Remember when they crashed a high speed train and buried all the evidence the next day? https://en.wikipedia.org/wiki/Wenzhou_train_collision

Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#68
post #30

So is the 178 billion china has spent this year which is also growing faster than the US [0] also wasted then? [0]: https://en.wikipedia.org/wiki/People%27s_Liberation_Army#Mil...

There is a big difference between spending money on the military and spending money on wars.

Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#69
post #31

Earlier quoted context omitted.

Anyone from the US who has flown overseas to modern, industrialized countries in the past decades will note the aging look of the US. Given overall industrial and cultural trends, why wouldn't everyone just keep building new stuff every 15 years? This would certainly fit the Chinese regime's policy of increasing GDP. (We'll have to crack the problem of carbon neutral concrete sometime.)

"Anyone from the US who has flown overseas to modern, industrialized countries in the past decades will note the aging look of the US" True. Whenever I get visitors from Germany they always comment on how run down a lot of parts of the US look.

Most of the Bay Area has that look. Houses built in the 1950s and 1960s.

Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure

#70

This is so true. I went to Shanghai about 3 summers ago right when Denver was finishing up the "A Line" train from Downtown to the Airport. This project cost over a billion dollars and the damn thing can't run smoothly or stay operational. Tons of issues. Meanwhile we took the Maglev train from the Pudong Airport to the Shanghai City Center. The Maglev cost $1.2 billion dollars [1]. The train can travel up to 270 MPH…

We could have that too if our government had unchecked eminent domain power. Is that what we want? Seems to be one or the other.

I am not convinced that lack of unchecked eminent domain power is the only thing keeping the United States from building modern infrastructure.
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