Japan cannot support the UN sucking it dry:
Contributions to the United Nations are loosely based on each country's economic power.
Japan's gross domestic product -- a broad measure of economic output -- accounts for more than 14 percent of the world economy, but its payments amount to 19 percent of the U.N. budget. The U.S. has been paying about 22 percent; its GDP is 30 percent of the global economy.
Those ratios, which are set at regular intervals, are scheduled to be revised in 2006.
"Japan's economic growth remains slow, and we believe that a ratio below 15 percent is appropriate," the Finance Ministry official was quoted as saying.
We pay friggin 22%? I suggest we reduce that to 15% and help the low income Americans by instituting a tax cut.
Thursday, January 22, 2004
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Posted by
Scott
at
6:59 PM
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