"running dogg" wrote in message
...

You claim that double digit growth starting from zero is not impressive.
But considering how backward China was 30 years ago, much like the
Soviet Union was in the 80s, China's progress is remarkable indeed.
Russia hasn't managed to turn things around as well as China has (at
least economically speaking). Yes, salaries in China are low compared to
the US. But in China, it takes a lot less money to live large than in
the US. In India, many workers earn US$70 a month, but in India, that
puts them solidly into the middle class. Meanwhile, Americans who make
$50k a year struggle to pay their bills. It's all relative.


I'm glad someone besides me can see this. I've always marvelled at the
people that talk about 'sweat shops' in second and third world countries
that pay very small percentages of what we make in the US being evil. Thing
is, as you stated above, the standard of living in those countries allows
for making much less money than in the US for a comparable lifestyle. In
Thailand for instance, the median annual income is around $6000, yet most
there still have most of the same conveniences we take for granted, and
there are many US products available in the stores at much less than we pay
for them.