Americans are educated at a higher cost per capita than any nation except Luxemburg in order to do minimal-skill checkout-line jobs about to be rendered obsolete by technology.
At the upper end, America’s elite goes to school till early middle age in order to be credentialed for pseudo-employment as $300 grand-a-year diversity consultants (Michelle Obama) or one of the many other phony-baloney makework schemes deriving from government micro-regulation of virtually every aspect of endeavor.
In 2009, the US spent about $665 billion on its military, the Chinese about $99 billion. If Beijing continues to buy American debt at the rate it has in recent times, then within a few years US interest payments on that debt will be covering the entire cost of the Chinese military.
