It is kind of interesting that
China, which has the fastest
growing economy in the
world, is nominally communist,
semi-protectionist and rigorously
controls its exchange rate by
linking its currency to the largest
capitalistic semi-socialist free-trade
proponent is the world - the USA. Good for
China. Meanwhile Europe, Japan and the USA
effectively, if not statistically, are
in recession. 3 links below.
Dori Schmetterling wrote:
> USA is semi-socialist???
> What does that makes us wimpy pinkoes in
Britain, Germany, France...?..
> NB: To reply directly replace "nospam" with
I am sure there are better experts on this subject
out there who may have a more detailed grasp of
the subject but here is my effort:
I know semi-socialist sounds funny but there are
huge social programs in the USA that
take up a very large part of the federal
budget. All salaried employees pay 15%
of their wages into Social Security which
is supposed to be just for retirees' pensions. Then
the regular federal taxes are calculated
which support things like Medicare which is
also for retirees. These are all parts of the
budget referred to as "nondiscretionary" because
the government has no choice but to pay them.
There is really very little budget flexibility
because of this. It is very easy to spend more
but very difficult to spend less. The United
Kingdom, France, Germany, et al are just more
semi-socialist. Many people seem to use socialist
and communist as synonyms but I do not. Communist
is a command economy and socialist ( semi or not )
is a demand economy with social programs to help
out the less well to do.
I hope that was not too long. You are not wimpy
And to get this back on topic,
I wonder if any Chinese Politburo members
drive a Mercedes?
My understanding is that the state/government in the USA accounts for about
25% of the economy, whereas in major European countries it varies from late
30s to over 50%.
So were definitely more semi-socialist...56% socialist?.... :-)
If Chinese Politbureau are 'egalitarian' they will be driving VW Passats (or
But, as they are 'human' they will probably be driving Mercs... :-)
NB: To reply directly replace "nospam" with "schmetterling"
I cannot accept my car which is made in Red China. I experienced the bloody
chinaman workmanship that was horrible. I hope my next new mercedes will not
be made in China.
I can't be a racist this time because I can't discriminate against my kind.
I am a Chinese who speak and write Chinese and but don't trust the Red
China's workmanship and their promises. If MB is made in Taiwan, I will shut
my mouth because they are more reliable. (Red China =\= Taiwan) Will see...
We all know the difference between Taiwan and China. In fact, in the
past several years I consider stuff made in Taiwan top notch, good
quality. They are however hard to find these days. I guess all the
production line were moved to China now for better profit.
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