Wednesday, December 17, 2008

THE MIDDLE CLASS IS IN CHINA

The recent news of middle class people demonstrating and rioting in China is startling. The Chinese are supposed to be poor, never middle class, (especially under communism).

Our middle class disappeared - now we know where they went.

They went with the factories we exported, the tariffs we dropped, the outsourcing we encouraged, and the borders we didn't seal.

China adopted a blend of capitalism and fascism. Some call it state capitalism. They keep their communism merely for the civil rights side of things, you know: squelching individuality, liberty, killing unwanted babies, smashing printing presses, and arresting worshippers.

The industrialization of China created a middle class, largely on the basis of factory orders from America. Now our purchases are falling, so the Chinese middle class is losing employment. We terminated them again - the middle class.

But we miss them. They shall return, and next time we'll treat them with more respect.


It's all so simple.

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