[hinckley buzzard]

this smacks a bit of the CIA's faulty analysis of the Soviet threat in the 1950s and '60s. Back then, there were no good real-world data issued by the Soviets.

I have made this same comparison for some time. Whenever we have heard of state-run "economic miracles" they always end up being too good to be true. And the lefties always suck it down wholesale before being exposed as gullible chumps.

[Kevmo]

Good enough place to bump this thread.

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According to Intrade, the winner of the December 12th GOP debate was... Duncan Hunter.
http://www.freerepublic.com/focus/f-news/1938773/posts

[charles m]

I have made this same comparison for some time. Whenever we have heard of state-run "economic miracles" they always end up being too good to be true. And the lefties always suck it down wholesale before being exposed as gullible chumps.

Um, China is still growing at 10% annually. The only difference was the calculation for the base (PPP versus current exchange rate), which is the World Bank's fault, not the Chinese government's (of course you can stretch everything). So I wouldn't be too quick to rule out China's economic miracle based on this story. The only thing this story says is that the World Bank is full of crap.