Scared Monkeys Discussion Forum

They are living the American dream over in Henan Province – incomes are rapidly rising as productivity skyrockets and labor skills improve.  People are grateful to their industrialists, entrepreneurs, and traders who rescued them from four decades of spreadin’ the wealth around and the poverty, famine, war, oppression, and death it brought to China. They revere American businessmen, and it was frankly refreshing to be appreciated.

The entrepreneurial industrialists of Henan Province are young – in their 40’s mostly, and running the firms they founded in their 20’s.  Their squeaky-clean factories are filled with new machine tools, overhead cranes, computer controlled production lines, state of the art environmental protections, automated material handling systems, and six-sigma black belts.  Want to make a Chinese factory worker laugh?  Explain the word “exploitation” to him.   

That investment capital comes from the 30% savings rate of the new Chinese middle class and the low tax rates on corporate income and capital gains. Factory workers don’t want a union; they buy stock in their firm, share in its profits, and look forward to striking it rich in a future IPO.  They get it; and they learned it from us.

China is not what's wrong with America.  Freaks like Biden, Geithner, Bernanke, Obama, Pelosi, and Reid are what is wrong with America.

Throw in McCain, Bush, McConnell, Boehner, and every other Republican statist masquerading as a conservative at election time.  And include the growing legions of loafing sacks who think the world owes them because they breathe; eaters, Henry Kissinger called them.  People whose idea of justice is to share your money equally among themselves – that is who have brought us low.

Since 1985, we have bought over $3 trillion of goods from China; in doing so, we have saved over $3 trillion in lower prices for those goods.  I just spent two weeks looking at what the Chinese did with their $3 trillion - new factories, machine tools, power plants, roads, bridges, mines, dams, cars, refineries, stores, offices, railways, ships, ports, vocational training, private schools, and new jobs by the tens of millions.