Andy Stern and China

Andy Stern and China
AP Photo

Andy Stern talks with envy about Chinese plans for a long-term seven percent growth rate. The Middle Kingdom may or may not carry that off, but when you're starting with the better part of a billion people in poverty, it shouldn't be that hard to do. What Stern neglects to mention is that the policies that have already moved out of poverty more Chinese than the entire population of the U.S. were changes directly away from central planning.

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