5 ms·
What you state is true and apparent to anyone who looks at the statistics. China has lifted billions of citizens out of desperate poverty over the past few deca
by moistly 4y ago
What you state is true and apparent to anyone who looks at the statistics. China has lifted billions of citizens out of desperate poverty over the past few decades. Over the same time period, middle-class wealth in the USA has been dropping and the poor have remained poor: in fact, most citizens have become less well-off. It is too bad that people afraid of uncomfortable truths have downvoted you.
Facts:
https://www.pewresearch.org/fact-tank/2022/04/20/how-the-american-middle-class-has-changed-in-the-past-five-decades/ https://www.pewresearch.org/fact-tank/2022/04/20/how-the-ame...
https://www.worldbank.org/en/news/press-release/2022/04/01/lifting-800-million-people-out-of-poverty-new-report-looks-at-lessons-from-china-s-experience https://www.worldbank.org/en/news/press-release/2022/04/01/l...
https://www.csis.org/blogs/trustee-china-hand/us-and-china-not-number-one https://www.csis.org/blogs/trustee-china-hand/us-and-china-n...
- didericis 4y agoThe uplift in China has been staggering and should be celebrated. A large part of that uplift is due to massive US investments. US leaders knowingly sacrificed a lot domestic industry in order to build up a China that we thought would liberalize and act to counterbalance the Soviet Union. What should have been a cause for solidarity and cohesion and mutual uplift, and was functioning that way until relatively recently, has turned sour. China is starting to stagnate drastically, and we have not managed to create the service economy in the US we thought could sustain the middle class in spite of the transfer. The demographic issues in China were created decades ago, as were the supply chain issues affecting the global economy. The massive real estate fraud also didn't help. Instead of actually working to productively address these issues, Xi has pumped up nationalistic rhetoric, is clamping down on business, and seems hell bent on returning to a Maoist cult of personality. These problems will not be addressed by chest pumping about which dysfunctional system is less dysfunctional, or which past glories are brightest. The present requires focus on the problems we have in front of us, and are best addressed with eyes wide open and a hard look at the practical problems in both the Chinese and US economies.
- BLKNSLVR 4y ago> The present requires focus on the problems we have in front of us, and are best addressed with eyes wide open and a hard look at the practical problems in both the Chinese and US economies. Which, unfortunately, seems to be the opposite of the direction that most politicians are going because real long term solutions are incompatible with tax cuts.
- trasz 4y ago>US leaders knowingly sacrificed a lot domestic industry in order to build up a China Lol, no - they sacrificed it for profits. Same with India. Also, China is liberalizing quite quickly; in many aspects it’s already more liberal than parts of Europe. But it doesn’t matter - it’s just an American propaganda talking point, as evidenced by not having an issue with much less liberal US Allie’s, like Saudi Arabia.
- moistly 4y ago> These problems will not be addressed by chest pumping about which dysfunctional system is less dysfunctional, or which past glories are brightest. I believe you’ll find that the last link (csis.org) discusses that in detail.