A Quote by Gary Locke
The explosive growth in places like Shanghai has helped lift hundreds of millions of people out of poverty and into a thriving new middle class. What China has done is nothing short of an economic transformation, and the citizens of this country have every right to be proud.
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China is a country, still, of great contrast. While hundreds of millions of people are part of the middle class and yearn for things made in America - American brands, movies, music - there are other hundreds of millions of people throughout China who are living on the equivalent of one U.S. dollar a day.
The government of Macau, of China, has been empirical and pragmatic and has brought hundreds of millions of people out of poverty, a feat unequaled in the history of civilization in any country.
It is our generation's task, then, to reignite the true engine of America's economic growth - a rising, thriving middle class.
Hundreds of millions of people around the world have been lifted out of poverty with the creation of robust middle classes in India and China, which is an enormously positive development for those countries that also creates opportunities for the rest of the world.
It's great to see countries like China and India lifting hundreds of millions of people out of poverty by essentially copying Western ways of doing things.
China's urbanization supported the country's impressive growth and rapid economic transformation.
While certain coastal cities have become very prosperous, the rest of China has a per capita income of $200 a year. The coast wants to have nothing to do with the interior; it wants to work with Tokyo and New York. This is an old story in China. It is why Mao succeeded in 1927. He wanted [coastal] Shanghai to throw the foreigners out, but Shanghai was doing too well financially [to expel foreigners]. So Mao went to the interior and raised a peasant army. He came back to Shanghai and sealed off the country.
If the experts are right in their calculations, then we face the prospect of millions of people retiring into poverty from the American middle class in the years ahead. That has all kinds of social and economic consequences. We need to anticipate those and start tackling the problem in a constructive way.
A thriving middle class is the source of growth in a technological, capitalist economy. Investing in the middle class is the most pro-business thing you can do.
Free enterprise has done more to lift people out of poverty, to help build a strong middle class, to help educate our kids, and to make our lives better than all the programs of government combined.
I know hedge-fund guys that are making hundreds of millions of dollars a year and pay no tax. And I want to lower [tax] for the middle income. The middle class in this country has been decimated.
The factory work that lifted millions out of poverty in places like China and Vietnam probably did cost some workers in North Carolina and Wallonia their jobs.
Wages never seem to go up. The whole economy feels stuck, and millions of Americans, millions of Americans, middle-class security is now just a memory. Progressives like to talk like Barack Obama likes to talk forever about poverty in America. And if a talk did any good, we'd have overcome those deep problems long ago. This explains why under the most liberal president we have had so far, poverty in America is worse, especially for our fellow citizens who were promised better and who need it most.
But, we have had the debate in our country now for a number of years as to whether or not free trade agreements are good for economic growth and economic opportunity in creating jobs and lifting people out of poverty.
Short-sighted and impatient efforts to wipe out poverty by severing the connection between effort and reward can only lead to the growth of a totalitarian state, and destroy the economic progress that this country has so dearly bought.
Why are we outsourcing millions of high-paying jobs to China and India? Why don't we secure the border and stop the country from being flooded with millions of illegal immigrants? These are important questions on the mind of middle class voters all over America.
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