Armstrong Economics Blog/China Re-Posted Sep 14, 2021 by Martin Armstrong
China is negotiating with the Taliban to take over the huge American Air Force base near Kabul. In fact, it is the largest American facility in all of Afghanistan. Biden left behind $83 billion worth of American technology. You just can’t make up this stuff. They can reverse engineer everything at this point. I’m sure Biden saw them as complying with his COVID rule of wear masks, so he left them a huge present of $83 billion because they can just raise your taxes for that.
Overall, the median lifetime earnings for all American workers are $1.7 million, which is just under $42,000 per year ($20 per hour). That is over 42,000 people’s entire life savings that Biden just left behind. Then the Democrats want to raise taxes even more?