With the newly installed Biden administration, the People’s Republic of China are enthusiastically touting the status quo ante. Here’s the PRC’s Foreign Ministry Spokeswoman Hua Chunying:
I hope they can meet the Chinese side halfway, uphold the spirit of mutual respect….
Meet us halfway: agree that the South China Sea with its islands and resources are our sovereign territory, and we’ll stop going after the East China Sea. For now.
Oh, and yes, we’ll respect you in the morning.
A short piece about billionaire real estate developer Jeff Greene‘s view of the current state of our economy had this:
A progressive Democrat, Greene explained that former President Donald Trump failed to support the working class by increasing wages and establishing income equality….
This is a typical Progressive-Democrat distortion of the facts. With unemployment rates falling to historic lows and Americans reentering the labor force (reversing a years-long trend), income equality actually increased markedly during the Trump administration. The lowest income earners got more hours and some pay increases, and those without jobs got jobs, increasing their income sharply from zero. In the meantime, the highest paid saw very little increase in their income. The rich stayed rich, and the poor got much less so.
If the real estate developer didn’t see this, it’s only because, in his own bubble, he continued to not pay his employees adequately or to push his contractors to pay their tradesmen adequately or to hire more.