Crisis has hit China’s economy
People say that China needs to have GDP growth of over 6% a year to ensure enough job creation to prevent social and political unrest. I mean the high economic growth in China can legitimize almost everything that the CCP has done since reforms in 1978. Ending the Democracy Wall movement? [...]
Archive for January, 2009
China and the Global Economic Crisis
Posted in china, economics, tagged china, economics, global economic crisis, wen jiabao on January 28, 2009 | 9 Comments »
Obama’s Economic Package
Posted in economics, politics, tagged economic package, economic stimulus plan, obama on January 28, 2009 | 1 Comment »
So I voted for Obama not because of his economic views, but because of Sarah Palin’s political views. As a result, I see myself disagreeing with a lot of Obama’s economic plans. Let’s look at the ‘key points’ of Obama’s plan one by one.
Expand Medicaid: $87bn
How does expanding Medicaid help the economy? Alright, so lets [...]