Understanding China, One Blog at a Time

An American in China

1% and Why China Better Than USA

Posted by w_thames_the_d on November 20, 2011

Here is a piece of Americana at its worst and shows where China is better than the US. In China the government knows they must create jobs or the masses will revolt and drag the chicoms bloody carcasses through the streets.
But in the US we have this from here:
“. The top 0.1%– about 315,000 individuals out of 315 million– are making about half of all capital gains on the sale of shares or property after 1 year; and these capital gains make up 60% of the income made by the Forbes 400.
It’s crystal clear that the Bush tax reduction on capital gains anddividend income in 2003 was the cutting edge policy that has created the immense increase in net worth of corporate executives, Wall St. professionals and other entrepreneurs.”
(oh btw the pic called ‘tnman freman.png is a shot of a guy who they burnt and hanged in the t.nman event of ’89)

While it is true the Chinese have a horrific income disparity, they hold uncle red s feet to the fire about jobs, a thing we in the land of milk and contaminated Chinese honey, do not do.

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