Shock Report: US Spends 30 Times More on Welfare Benefits Per Person Than Communist China

Guest post by Joe Hoft When Deng Xiaoping took over China in the late 1970’s, China was a very poor country.  One of the first things that Deng did was to allow individuals to acquire and maintain property.  This capitalistic approach started one of the greatest economic transformations in world history.  More people in China have been lifted from poverty in a shorter span of time than ever before in human history.