Competent managers? Expert technocrats, capable of solving the world’s every problem? Sure – except their own:
The United Nations is running a deficit of $230 million, Secretary General Antonio Guterres said on Monday, and may run out of money by the end of October. In a letter intended for the 37,000 employees at the UN secretariat and obtained by CBS News’ Pamela Falk, Guterres said unspecified “additional stop-gap measures” would have to be taken to ensure salaries and entitlements are paid.
“Member States have paid only 70 percent of the total amount needed for our regular budget operations in 2019. This translates into a cash shortage of $230 million at the end of September. We run the risk of depleting our backup liquidity reserves by the end of the month,” he wrote.
If they were competent, they would have been adjusting their expenditure operations in lockstep with their revenues. If they were experts, they would seen the trends in advance and adjusted accordingly.
Naw, they’re not. It seems, if the numbers in the piece are being correctly reported, the UN can’t even do simple math. It was reported that their annual budget is $5,400,000,000. Their shortfall is $230,000,000 by September end. But that’s not the worst of it.
MY math says that 70% of $5.4 Billion is $3,780,000,000, a yearly shortfall of $1,620,000,000. Heckofa lot more than $230M. If you are THAT far off revenues, and you’ve severely ticked off your largest “customer” (the US at 22% of your budget which translates to $1,188,000,000), you’re still in a huge hole.
So I ask – if you can’t even manage your budget and know that politics is a huge part of that, how should we expect that you can “rule the one world government”? WHY, in God’s green earth, would we EVAH want to give you the Power to levy your own taxes to be able to do that.
Nope, not my problem – let’s see you manage your budget as is. Sounds to me like you can’t and won’t make the hard decisions when somebody else’s money doesn’t magically turn into your money.
(H/T: CBS News)