Comments on: U.S., China and eating soup with a fork Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: battersea2 Sat, 06 Nov 2010 15:10:17 +0000 Illegal immigration is not a problem for China [and there is much from Afghanistan in the west , Myanmar in the south ,Mongolia in the north ,to North Korea in the east [via the US and EU] Why ? Because it can absorb them into it’s growing economy .
Illegal immigration is a problem for the US because the economy is growing very slowly cannot absorb the influx of people following their dreams [or should that be illusions] .
Cheap Labour is a good thing unless they are cheapening my labour is the cry across the the “developed” [read privileged ] world !
Get real we all must learn to share and coexist !
Quickly Please !

By: battersea2 Sat, 06 Nov 2010 14:46:30 +0000 What exactly ,other than injured pride, is the problem with 1/3 of the worlds population representing 1/3 of the worlds GDP ,or any other measure for that matter ?
60 years of being a big fish in a small pond has distorted the US view of itself and us other dwellers in the small pond of the US but that is passing.
From what I have seen in the last 9 years in China ,I am glad to say that , whilst life for the majority in China is very hard there are visible changes and visible improvement for the majority , the greatest lifting of people out of poverty in human history or so I am told by US commentators .
Can that be said for the US starting from a dramatically higher base ? I don’t think so !
What is more any attempt to improve the lot of the majority in the US is fought tooth and nail!
Witness health-care . A very strange reaction to a beneficial change !
The US in my view for ,what it is worth, should spend more time and money making it better for it’s citizens rather than trying to make it worse for the citizens of other countries [ are you listening Mr Geithner and your protectionist friends ?] just in order to try and retain an artificial situation whose time has passed.
Look to the future and seek to participate as an equal and not ,as a significant proportion of the world see it , as an irrational, destructive and greedy country.

By: sci06298250514 Sat, 06 Nov 2010 13:15:22 +0000 As a New Yorker, this is how the road are repaved.

Week 1 – close the road. Dig up the road.

Week 4 – Repave the road.

Week 6 – Paint the lines on the road.

All these work will be done by the same union workers that split the job 3 times so they can laze around and get paid 3 times. I travel in many countries, I see a brand new road dug up, repaved and painted over-night.

By: Sinbad1 Mon, 01 Nov 2010 04:10:39 +0000 Good article, it is interesting the way statistics are used to produce the answer a society wants to hear.

As for predictions about the future, science fiction novelists always seem better at predicting future technology than scientists, so why would I believe an economists economic predictions.

misterliu it is not quite as simple as count the number who want to come to your country. Most immigrants would rather stay at home but leave home because of financial or political reasons. The country they choose to go to is dependant on many factors but the ability to actually get to the other country is a major factor.

Most of the illegal immigrants in Europe come from either eastern Europe or central Asia. The US gets most of its illegal immigrants from central and south America simply because it is easier to get to than New Zealand.

China also has a problem with illegal immigration from North Korea.

By: misterliu Sun, 31 Oct 2010 11:08:23 +0000 How to measure well-being?


Count the number of people who want to come INTO your country … and can’t.
Count the number of people who want to LEAVE your county …. and can’t.

hint:, Illegal immigration is NOT a problem for China

By: edgyinchina Sat, 30 Oct 2010 04:56:43 +0000 m82-a1: sounds like what I witnessed in the US for Over 60 years. I never could figure out why those holes were being dug in the highway, 3 months after its completion….
If you haven’t been to China, and I suspect you haven’t, don’t tell us who live here what its like….

By: CapitalistBagel Sat, 30 Oct 2010 04:07:36 +0000 In China we drink soup, not eat it.

If you wanted to create some sort of index that considered the efficiency of how money is spent, you’d immediately run into difficult value judgments. Some Republicans would claim that a vast amount of federal spending is inefficient. I might claim that the money Americans spend on TVs is inefficient.

Economic prowess can’t be meaningfully condensed into a single statistic. GDP gives you a general idea of an economy’s size, and this makes a good starting point.

The HDI is a good measure of standard of living, but doesn’t really tell you anything about economic significance.

By: M82-A1 Sat, 30 Oct 2010 00:18:25 +0000 In China, the 10% GDP growth rate comes in this way: the local government upgrades a community by hiring construction company A to tear down the road and assigning construction company B to build a better one; then, due to “lack of forseeing planning”, trenches are dug in the newly built road by company C for TV cables or water pipes that were not laid by company B when the road was remodeled; after that, construction company D is chosen to fill up the trenches and sew the road. A viciously GDP formation cycle is born.

By: PeterMelzer Fri, 29 Oct 2010 23:07:38 +0000 It would come as a great surprise, if state-monopolized capitalism carried the day. But even if it did, at what price?

Read more about Stamocap here: 2/stamocap.html

By: thecasualvegan Fri, 29 Oct 2010 19:40:24 +0000 John Robbins who this article refers to has some great writing on the GDP: ding-us-astray/

You should link to his work.