Pushing back
Joe Biden is determined that China should not displace America
His China policy is looking even tougher than Donald Trump’s
Jul 17th 2021
WASHINGTON, DC
Unlike Mr Trump, Mr Biden seems sincerely worried about a world in which China’s authoritarian model wins.
Mr Biden is positioning America as the West’s leader in a “contest with autocrats”, as he put it at the g7 summit in June.
Hence the United States Innovation and Competition Act, which passed the Senate in early June packed with spending intended to improve America’s competitiveness. It would authorise $52bn to boost semiconductor research and manufacturing in America and $29bn for a new applied-sciences fund that would support projects in advanced materials, robotics, artificial intelligence and other technologies. It also contains extra money for going to the Moon (see International section).
Spending does not have to be aimed so precisely to be part of the policy. Mr Biden’s $1.9trn pandemic recovery package, which passed in March; his multi-trillion dollar proposals for “hard” and “soft” infrastructure; his provisos on buying American: all can be read as part of a rebuilding policy aimed at China while also looking to fulfil lavish campaign promises.
But ambitious as they look in Washington, these numbers cannot compare with Chinese spending on infrastructure and industrial policy. And they are shrinking. The core infrastructure plan has been whittled down to $600bn in negotiations with Republicans whose distaste for handing victories to Mr Biden exceeds their animosity to China (though Democrats want to add back $3.5trn in another package). Republicans such as Ted Cruz, Marco Rubio and Josh Hawley, all self-professed China hawks, are unlikely to abandon their party’s opposition to Mr Biden’s domestic agenda when they have their eyes on his job.
So Joe Biden is absolutely determined to facilitate the displacement of the US by China. Got it. You'd think they would try to mix some truth in rather than just "opposite day"-ing everything
Handouts to their favorite class won't fight China.
Stop being exploited by this kind of bullshit "if we don't sell out, the enemy will win."
Keynesian economics (printing money) leads to hyperinflation, leads to regime change, leads to genocide, leads to socialism.
Human suffering is always the goal.
Around leftists, never relax.
Hell, most of these handouts are going directly to those that are friendly with China
https://archive.ph/hk3D8 https://reclaimthenet.org/jen-psaki-biden-government-censor-facebook-flagging/
The Economist, more like the Socialist, amirite?
So Joe Biden is absolutely determined to facilitate the displacement of the US by China. Got it. You'd think they would try to mix some truth in rather than just "opposite day"-ing everything
bai dan is owned by ccp