And Trump's answer is to establish a Sovereign Wealth Fund... something that only makes sense when you have a *surplus*. His drill-baby-drill converts the commons (fossil-fuel reserves) to cash-flow but that doesn't really balance well with tax-cuts (for the wealthy).
Just watched Canadian Broadcasting Corp piece on the whole idea... they didn't say so in so many words, but I think he imagines he is going to achieve something like the Saudi or the Norwegian SWF, neither of which do we have the basis for. Given how he handled his "non-profit", I think we know what he has in mind for a SWF run by the Trump Royal Family (maybe with Barron as the emergent "Crown Prince" to match MBS?).
I also saw (but didn't click through) a piece (on another outlet feed) that Trump had offered (minority/oppressed) White South Africans "refugee status" in the US and was rejected. It sounds like more of his culture-war stirring even if it fell flat.
On 2/9/25 12:06 AM, Pieter Steenekamp wrote:
From U.S. competitiveness, science funding and oil exploration boosting , I wish to add spiralling debt that might just crash the party — uninvited. With total debt racing toward $40 trillion and growing by $2 trillion a year, something’s bound to snap. Back in the Clinton days, Al Gore helped cut wasteful spending, and they nearly balanced the budget. But then Bush heard, “Deficits don’t matter,” and took it to heart. Since then, it’s been a downhill ride, with Biden making new records — just not the good kind.I’m not American, but if I were, I’d be searching for the receipt to return this mountain of debt before the whole system collapses. Might be time to hit the brakes. Betting on a bankrupt country to stay competitive doesn’t seem like a smart move.On Sat, 8 Feb 2025 at 23:56, Santafe <desm...@santafe.edu> wrote: Thanks for these, Marcus, EricOn Feb 8, 2025, at 12:44, Marcus Daniels <mar...@snoutfarm.com> wrote: From Copilot. (Of course, this is prior to Trump 2.0.) Here's the updated table with science funding as a percentage of GDP, including health research budgets (like the NIH), fundamental research (like the DOE Office of Science and NSF), and defense-related research (like IARPA, DARPA, and nuclear weapons), along with the complete footnotes: *Country* *Total R&D Spending (% of GDP)* *Health Research (% of GDP)* *Fundamental Research (% of GDP)* *Defense-Related Research (% of GDP)* Israel 4.9% 1.0% 2.0% 1.9% South Korea 4.5% 0.9% 2.2% 1.4% Sweden 3.4% 0.7% 1.7% 1.0% Germany 3.1% 0.6% 1.5% 1.0% Denmark 2.9% 0.6% 1.5% 0.8% United States 2.8% 0.6% 1.4% 0.8% France 2.2% 0.4% 1.1% 0.7% China 2.2% 0.4% 1.1% 0.7% Saudi Arabia 1.0% 0.2% 0.5% 0.3% United Kingdom 1.7% 0.3% 0.9% 0.5% UAE 1.3% 0.3% 0.7% 0.3% India 0.7% 0.1% 0.4% 0.2% Chile 0.6% 0.1% 0.3% 0.2% Argentina 0.5% 0.1% 0.3% 0.1% Uruguay 0.4% 0.1% 0.2% 0.1% Kazakhstan 0.2% 0.0% 0.1% 0.1% Uganda 0.1% 0.0% 0.0% 0.0% These values are estimates based on available data and may vary slightly depending on the source. 1. *List of sovereign states by research and development spending*- This source provides information on R&D spending by country, including data from the World Bank, United Nations Economic Commission for Europe, and the Organisation for Economic Co-operation and Development. 2. *R&D expenditure by country 2022*- This source from Statista provides detailed statistics on R&D spending by country, including health and technology sectors. 3. *How much does your country invest in R&D?*- This UNESCO source provides data on R&D spending as a percentage of GDP and in purchasing power parity dollars. 4. *Federal Research and Development (R&D) Funding: FY2024*- This Congressional Research Service report provides detailed information on federal R&D funding in the United States, including breakdowns by health, fundamental research, and defense-related research. 5. *Federal R&D Funding, by Budget Function 2023-2025*- This National Science Foundation source provides data on federal budget authority for R&D by functional categories and agency. 6. *Federal Research and Development R&D Funding: FY2023*- This Congressional Research Service report provides additional information on federal R&D funding in the United States. *From: *Friam <friam-boun...@redfish.com> on behalf of Santafe <desm...@santafe.edu> *Date: *Saturday, February 8, 2025 at 1:51 AM *To: *The Friday Morning Applied Complexity Coffee Group <friam@redfish.com> *Subject: *Re: [FRIAM] So much for U.S. competitiveness Would be interesting to see a list of various categories of science funding per capita or per GDP for countries around the world. Situate the prospective US in this list. Will our society be like that of Kazakhstan? Or maybe like Uganda? Probably well below Uruguay or Argentina or Chile. Want a direct visual image that can be delivered, about the style of day-to-day life that the mob is requesting for itself. On Feb 7, 2025, at 22:34, Marcus Daniels <mar...@snoutfarm.com> wrote: https://arstechnica.com/science/2025/02/new-nih-policy-will-slash-support-money-to-research-universities/ <https://arstechnica.com/science/2025/02/new-nih-policy-will-slash-support-money-to-research-universities/> https://arstechnica.com/science/2025/02/white-house-budget-proposal-could-shatter-the-national-science-foundation/ <https://arstechnica.com/science/2025/02/white-house-budget-proposal-could-shatter-the-national-science-foundation/> .- .-.. .-.. / ..-. --- --- - . .-. ... / .- .-. . / .-- .-. --- -. --. / ... --- -- . / .- .-. . / ..- ... . ..-. ..- .-.. 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