China's Economic Model Is Superior...if You Think U.S. Living Standards Should Drop by 80 Percent

Reblogged from International Liberty:

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I'm glad that China has taken some steps away from communism. According to Economic Freedom of the World, China was one of 10-worst nations for economic liberty back in 1980 and they've since climbed to 92nd place out of 141 nations.

I've even offered a small bit of praise for China's shift to a more business-friendly environment, and I was greatly amused…

Read more… 700 more words

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