To: AdamSelene235
What is interesting is that China the former communist nation actually has a rawer form of Capitalism than we do. What is the tas rate in china compared to the USA?
12 posted on
04/19/2003 1:08:15 PM PDT by
optik_b
To: optik_b
What is the tas rate in china compared to the USA? Fiscal burden of government in China is 17.8% of the GDP.
The United States has a fiscal burden of government that is 30.4% of the GDP.
Government in the United States is growing 12X faster than the private sector. At the current rate, the US Federal Government will double in size by 2015.
14 posted on
04/19/2003 1:20:39 PM PDT by
AdamSelene235
(Like all the jolly good fellows, I drink my whiskey clear....)
To: optik_b
What is interesting is that China the former communist nation actually has a rawer form of Capitalism than we do. Neither country has anything that vaguely resembles free market capitalism. We are both corporatist (a nice name for fascism i.e. privately held capital with government manipulation of markets and socialization of risk).
The welfare-state mentality is far stronger in America than in China. The average Chinese is enterprising and has a can-do attitude.
15 posted on
04/19/2003 1:28:51 PM PDT by
AdamSelene235
(Like all the jolly good fellows, I drink my whiskey clear....)
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