4/08/2011

Tea Party should be in China

It's kind of a misplacement for the Tea Party in this country. What's needed in the US is a high tax to pay for its wars and social programs, and of course more spending on modernizing infrastructures. Meanwhile, the FED should reign in monetary expansion so that the world inflation could be controlled. On the other hand, however, China should be cutting taxes or restructuring its state-local tax system to better suit its people's needs. Sadly, two political systems are both resisting to the right solution to the linked problem. The ways both countries are adopting to deal with their current difficulties are leading them down a vicious circle. It's potentially destructive to see the trend continue. Alas, if only the Tea Party could more to the other side of the ocean!