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JUST RELEASED:
Research from AEI's @MEaglen estimates that China's true military spending is $710.6 billion.
This calculation is 3x larger than Beijing's self-reported totals and several billion dollars higher than estimates from the US intelligence community.
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🔥 Top post: JUST RELEASED: Research from AEI's @MEaglen estimates that Chi · 701.8K views
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JUST RELEASED:
Research from AEI's @MEaglen estimates that China's true military spending is $710.6 billion.
This calculation is 3x larger than Beijing's self-reported totals and several billion dollars higher than estimates from the US intelligence community.
Statement from @RobertDoar on the arrest of Jimmy Lai. https://t.co/om6ZXeWsmM
Pro-Beijing members of Hong Kong's Legislative Council have proposed making it a crime, punishable by jail, to disrespect the playing of the Chinese national anthem. But don't expect many NBA stars to speak out against it, writes @GaryJSch…
Capitalism isn't broken. It doesn't always work perfectly, of course. But the free market combined with our strong safety net has drastically reduced poverty and improved quality of life for the vast majority of Americans. https://t.co/BwD…
The strength of capitalism can be attributed to the the 3 Ps:
1) Prices determined by market forces.
2) A profit-and-loss system of accounting.
3) Private property rights.
https://t.co/CLiGUyHi2o
California as a separate country would have been the 5th largest economy in the world last year, ahead of the UK, France, and India. https://t.co/LiwZ5q61Sf
'You can’t redistribute wealth without creating it. And that is what innovation-driven #capitalism has done really well for the past two centuries.' #endpoverty
Chart of the Day: Last year the United States had the largest decline in CO2 emissions *in the entire world* for the 9th time this century. @AEIdeas @Mark_J_Perry https://t.co/BCnKJTirfE
The truth is that most black men will not be incarcerated, are not unemployed, and are not poor. In fact, millions of black men are flourishing in America today. https://t.co/DJBpw5QztR
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