And guess who is riding with these billionaires and refuse to address the overwhelming disparities? Piss poor redneck motherfuckers in the south on welfare disability, will ride or die to defend these greedy bastards, because someday in thier dreams a winning lottery ticket awaits they fuckin ass's.We need to accept the Oligarchs need more tax cuts and that has to be paid for somehow.
Right and China has not just done that. They are not just handing out cash and IT IS attached jobs and often apartments in cities, with the working poor sustenance farm class increasingly lifted up in to a lower middle class.If you give a pile of cash to someone who is an outcast from society, and won't be accepted by society, and who has little or no ability to utilize that money effectively, that person doesn't become a "contributor." They become a mark. They are soon separated from that cash and no better off than they were before.
Money alone doesn't lift people up. Until you fix the inequities in society and get to a point where the poor are capable of moving up, it won't happen. That takes generational effort, often many generations of effort.
China is doing stupid stuff. They have massive corruption--expected with a massive government--and what they build has more to do with politics and propaganda than sound economic reasoning. It's like California building their high speed rail line. If few use it once complete--assuming that ever even happens--and it hemorrhages money, at some point it will simply disappear from use.
Look at the BART system. Ridership is falling fast on that as remote work and cost of fares rise. It's at a point where the system is going bankrupt. Politician's solution is to raise taxes and fares more.
Bay Area’s beloved BART system on brink of collapse as riders vanish and deficits soar
BART faces annual deficits approaching $400 million, after ridership plunged during the COVID-19 pandemic.nypost.com
It hasn't created a middle class so much as a YUPPIE and oligarch class. The same thing occurs in most dictatorships.
The US built out after the civil war on personal wealth and by work and individual investment. US military spending could certainly take a reduction, but that's unlikely. The rail system in the US from 1870 to 1900 (roughly) was primarily built out using private investment, not government funding.
On the national debt part of your post is wrong.
Building 'Potemkin villages' is something dictatorships do. China has massive numbers of empty high-rise apartments nobody will rent. Empty glamorous shopping malls nobody shops in. Your ignorance of what China is really like is total.
Well it is a FACT that the Dems run the economy better then the Republicans,
I know all that plus i know about entire ghost cities in China and never said anything different. SO it is your ignorance on what i know and what is heppening in CHina that is total.
Yup.
I have not seen people arguing the US needs to adopt chinese policies. WHere are you seeing that?
You need to understand that China is a vast country. There are countless cities here. Some are very old and crowded; others are quite new with very few people. The city you mentioned, Ordos, is one of the wealthiest regions in the country due to its coal resources. Reports indicate that its per capita income is higher than that of Shanghai and Beijing. This is a special case. Not every city can arbitrarily build new urban districts. In fact, many cities hope to secure more funding because a large number of buildings date back to around 1980. The houses built during that impoverished era are technically not suitable for long-term preservation. What I mean is that even today, China still has a massive need for housing renovation. What Western media can do is to go to remote areas, find some poorly selling construction projects or newly developed districts with few residents, and then claim that this is a common phenomenon. In reality, it is not.
Do you know where your American understanding of this issue falls short? You imagine the government as some alien entity that can operate completely independently of society as a whole. In reality, banks, governments, and commercial real estate companies are all intertwined—they are sometimes in competition, sometimes share common interests, and sometimes have hierarchical relationships. Things are complex, and you Americans often refuse to acknowledge that complexity. We Chinese, because we live in this country, can for the most part understand this complexity.
You do not understand much of anything based on what i am seeing. For instance quote me saying a single thing that substantiates this...
I think this is due to some imprecise translations. What I meant refers to the general, widespread thoughts of American people. This is not directed at your personal thoughts. In fact, I used some translation software. Although I often read English, I rarely write in English, so using translation software is an easier approach. Sometimes this leads to a few mistakes.
Fair enough. I am not sure we disagree a lot.
You're right. Of course the bubble exists. It's just that this bubble has been skillfully misrepresented by Western media in their portrayal of China—much like the notorious The Economist often does. I don't blame any ordinary American who has formed the wrong impression on such issues. Given the information provided by Western media, that's about the best understanding of China that people can have.
Both Obama and Biden like most Democrats who win elections after Republicans inherit nothing but GOP debt. Obama inherited bank failures and a mortgage crisis equal to the great depression of 1939 and Biden came in under the worst pandemic since 1919, both required an increase in spending. And no disrespect to the room, the Tiger is never and I mean never ever wrong, so put some respect on my comments, dude.
Why wouldn't I respect your post?
I'm against.what do Magats have to say about this?
They say '... another promise made... another promise kept by Trump who promised us a massive, expansive Military investment as the US goes on to Police the world and remove 'bad people', while cutting help for citizens at home...'
