Currently I am reading about the growth in light manufacturing in China as there is so much to learn from China and it left me with two thoughts that are intriguing as we enter (too early I agree) the Presidential race season:
- The left is very much against the notion that the wealthy are job creators and produce increases in social welfare but the left is a huge supporter of Elon Musk. Isn’t he the perfect example of what the right is talking about?
- Deng Xiaoping famously said in 1978 “let some get rich first” as he embarked on pro-business and pro-market reform in China. Since then the country has achieved dramatic increases in education, health, and overall well being along with bringing over 400 million people out of extreme poverty.