Posted on 12/29/2010 7:54:51 AM PST by Red in Blue PA
BEIJING China plans to crack down in the coming year on lavish parties and seminars organized by government officials, hoping to placate a public angered by corruption and accounts of sex and booze-fueled fetes held at taxpayer expense.
Along with vast improvements in quality of life for most Chinese, China's booming economic growth has led to an ever-larger gap between rich and poor and a surge in corruption that brings unwanted public criticism. The Communist leadership sees any public discontent as a threat to government stability.
(Excerpt) Read more at news.yahoo.com ...
Growing gaps between rich and poor in China? Is Chairman Mao turning in his grave? What about the equality which good communists preach about?
I often wonder what Chairman Mao, Chao en Lai (sp?) et. al. would think of today’s China. The free market reforms in China are making fundamental changes in that country. If you didn’t know better, you would swear that China is no longer communist. They are still officially communist, but the economy has many capitalistic elements driving things nowadays.
So government officials pretending to be rock stars is a common problem.
Paging Nancy Pelosi ... Paging Nancy Pelosi ...
The Chinese goverment has a history of being overthrown and the leaders hanging by yellow slings as the new rulers approach the Forbidden City.
poor in china make $1000 per year
rich make $10,000 per year.
So a rich person could theoretically hire 10 people.
The economy improves due to evil capitalism and everyone’s income doubles
poor make $2000
rich make $20,000
even though everyone is exactly twice as rich as before, the GAP between those EVIL RICH and the poor went from $9000 to $18000.
So they are so evil, even though they can now still hire only exactly 10 people.
But the government taxes away those ‘windfall profits’ of the extra $9k and now he can only hire 4.5 people.
The government FIXED it...
But I LIKE sex and booze!
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