Marty knows far more than I do about Asia. The difference between Obama & China seems strong. The Chinese press & most of the economists recognize that the low wage system is destructive of the interests of the rich and the powerful.
I guess an Obama analogy would be that his green economy rhetoric would be more substantial IF the status quo would not only be environmentally harmful, but would also threaten the powerful energy companies. Besides, many of the low wage employers are foreign, making them an inviting target, as Raghu suggested. I would like to think that I am correct because it would be more helpful for many Chinese workers, but, again, Marty knows more than I do. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
