Hello, China; anybody home?

I remember reading years ago that China had decided its growth rate would be 8 percent per year. To my continued amazement, it’s been 8 percent every year – imagine that! Almost as if the entire point of the economy was to find a way to hit the target regardless of the consequences or the jiggery-pokery required to get there. Next time you read an op-ed about the virtues of the Chinese way, keep this in mind.

Any bets on whether the eventual move to the new city will be voluntary?

H2: 01/15/10 Charles Krauthammer, Brian Wesbury, John Campbell

01151002 Hugh Hewitt: Hour 2 – Hugh talks about the political news of the week with Charles Krauthammer of the Washington Post, economic news of the week with First Trust Portfolio senior economist Brian Wesbury, and the latest union back room deals on Obamacare with Congressman John Campbell.

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