Tuesday, September 19, 2023

Uncle Sam

Much of the world sees the US like a rich uncle they don't like but one who gives them gifts. There are 193 countries in the UN and the US pays 20% of the cost. The US with 4% of the worlds population contributes 24% of the World Health Organizations budget. There are 30 countries in NATO and the US contributes 16% of the budget. The US has 160,000 troops stationed at 750 basis around the world at a cost of $21 billion dollars. Because of big brother USA, many countries spend a minimal amount on their own defense freeing up funds for social programs. The leaders of many of these countries brag about their national healthcare programs and compare them to the US. Now that globalization has ended and onshoring is in full swing look for the US to start reducing their contributions to world organizations and start closing overseas military basis. Uncle Sam will not be as generous in the future.

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