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Does China Have a Superior Economic Model?

In a recent piece for the Wall Street Journal, Andy Stern, an Obama insider and one of organized labor's more aggressive personalities, praised what he called "China's superior economic model."

Does China have a superior economic model? That depends: Superior to what?

By Neil Kiernan

The economic calculation problem is at the core of debate between free market advocates and socialists. And because a Resource Based Economy suggests distribution of resources to people absent a price tag we find ourselves not only being labeled socialists, but the same arguments being leveled at us that are leveled at socialists. So we have the economic calculation debate. At it's core is the question:

Weakness in leading economic indicators has become so pervasive the Economic Cycle Research Institute now predicts a new recession is unavoidable.

This study comprehensively ranks the American states on their public policies that affect individual freedoms in the economic, social, and personal spheres.For this new edition, we have added more policy variables (such as bans on trans fats and the audio recording of police, Massachusetts’s individual health-insurance mandate, and mandated family leave), improved existing measures. based on our data and a survey of state policy experts.

According to the 18th annual Index of Economic Freedom, released Thursday morning by the Heritage Foundation and the Wall Street Journal, ... America has slid from No. 9 in 2011 to tenth place today. Indeed, this is the fourth consecutive year in which the U.S. fell a notch. Out of a perfect score of 100, America declined 1.5 points to 76.3. Denmark, No. 11, scored 76.2.

Over the past few years the media has continually written that they are "unexpectedly" reporting on bad economic data. How long until they wake up and start expecting the reports that are following the same trend month after month?

The Wyoming House advanced a bill to discuss what they would do in the case of a complete economic or political collapse in the US. Some call it crazy, I call it being prepared...

The National Institute of Mental Health (NIMH), a division of the National Institutes of Health (NIH), spent $823,200 of economic stimulus funds in 2009 on a study by a UCLA research team to teach uncircumcised African men how to wash their genitals after having sex.

The Left’s Economic Terrorism Playbook: The Chase Campaign by a Coalition of Unions, Community Groups, Lawmakers and Students to Take Down US Capitalism and Redistribute Wealth & Power