Monday, February 23, 2009

Liberal Blogger Yappa Ding Ding Advocates Adoption of Chinese Response to Economic Downturn... ..could this be the Liberal "Secret Agenda?"

So - in her blog Saturday, Liberal blogger, "Yappa Ding Ding" posts on what she appears to see as the very positive Chinese efforts at answering the current economic downturn.

Seriously - I kid you not. China, apparently is a model government.. if only we could do it their way, our problems would be solved. Could this be the Liberal "secret agenda" finally coming to light?

As Yappa, well, yaps,
As a percentage of GDP, China enacted the biggest fiscal stimulus of any major economy, and it has already started to pay off

As Canada and the US got stuck in political ideology that led us to dick around with programs that are too slow and include too much non-stimulative tax cuts, the autocrats in China were able to act decisively and do exactly what needed to be done.


Well, I guess we should just hurry up and get on board shouldn't we.. or are there other factors that favor China's recovery?

As I posted on Yappa's blog:

Hmm.. interesting commentary.. I have some other interesting comments:

a) China currently uses capital punishment for an assortmen of crimes, from tax evasion and political corruption to racketeering and murder. China executed more people annually than any other nation; in 2007 it executed at least 50 percent more people than Iran, the country with the second-highest number of executions.

I'm not in favor of capital punishment myself, but, I'm certain it would certainly cut down on taxes wasted in the criminal justice system, and would certainly reduce offenses such as fraud and political corruption, all to the added benefit of our economy;

b)Somewhat related to the foregoing, in China, there is no freedom of expression, government dissidents are still subject to arrest and incarceration, or worse.. the judiciary is not at all independant, and is an arm of government will.. there continues to be abuse of women's rights, rights of children and visible minorities.. and there is no transparency or freedom of information regarding government conduct.

All in all, if we, in Canada, could do the same, imagine the reduced tax load on our government administration.. again, a boon to a difficult economy;

c) While Yappa complains of planned tax cuts, it should be noted hat China's corporate tax rate for companies incorporated before 2008 was 15% - though since, it has increased to 25%. Canada's corporate tax rate is 36.1%. If we would advocate a 14% cut in corporate taxes, I'm sure that would also be of assistance to restore corporate earnings;

d) Average wages in urban areas of China are $1,750 yuan per month ($320 Canadian). Looking at specific jobs, for a production labor, wages average $2,199 Can. per YEAR, and for an accountant, wages average $8,473.00 Can. per Year.. if we could reduce our wages to that level, I'm sure we would also see a significant boon to our economy;

e) Chinese environmental laws are weak, and enforcement is almost non-existent - in many cases, it is cheaper to pay fines, even in the infrequent event that they get levied, than to comply with the already weak regulations.. as a result, the damage to China's air and water is severe (and don't bother to even mention CO2 emissions).. again, if we were willing to ignore water and air polution concerns - I'm certain that would also help our immediate economy greatly. Really, it's just a twist on Keynesian economics - we'll borrow on our "environmental account" to supplement current economic needs, and repay it later;


All in all - if we were willing to accomodate these modest changes to our own political and social strutures, yes, I'm sure we would attain the recovery expected in China..

Is that the suggestion? Is that, perhaps, the true Liberal "Secret Agenda"?

2 comments:

Patrick Ross said...

China also maintains one of the most centralized governmental regimes in the world, in which policy literally funnels from the top down through a pyramid structure.

Maybe if we didn't have to worry about little things like "Parliament" and "democracy", we could get things done as quickly as the Chinese, too.

roblaw said...

Well... excellent point Patrick.. truly democracy is the bane of an efficient government process.. sort of the anti-thesis of, oh, I don't know.. a coaltion for example where nobody has control and everything is an accomodation of disperate views accomplishing nothing..

There must be some sort of middle ground.. hmmm.. oh, yeah, how about a stable majority government.. **sigh** well, we can only hope :)