cross-posted from: https://sopuli.xyz/post/29826178
The Senate has passed a bill making Immigration and Customs Enforcement (ICE) the U.S.'s largest interior law enforcement agency with funding for Donald Trump’s immigration enforcement agenda higher than most of the world’s militaries, including Israel’s.
Pending its passage in the House of Representatives, Trump’s bill could mean a massive increase in ICE funding as part of an immigration enforcement agenda worth $150 billion over four years.
This figure is more than the annual military budget of Italy, which at $30.8 billion, is the world’s 16th highest defense spender for this year according to tracker Global Fire Power.
It is also higher than military spending for Israel, ($30 billion), the Netherlands ($27 billion) and Brazil ($26.1 billion).
Good thing we took care of all our domestic issues first, so now we can spend all our tax revenue on illegal immigrants. America First?
America thinks it can run deficits to fund this sort of shit, and billionaire tax breaks. And it expects the world to buy US debt, in dollars, that the US prints, to at least partially pay for it.
Not only that, but Trump seems to not only expects this post ww2 economic order to continue, he seems to think this is going to happen while it not only withdraws military support to many of the people who financed the US’s post war prosperity in this manner, but while he is actively supporting those people’s enemies. Lol.
Under Trump the US is definitely heading for an economic collapse on the order of the collapse of the Soviet Union. When it happens, and how quickly is anybody’s guess, but the post WW2 economic order (from which the US greatly benefited) is definitely, irrevocably done.
Debt is coming due.
It doesn’t matter because we don’t mean much to them. This isn’t about us, it’s about their survival.