Nevertheless,the economic barometer is droping and recession is moving throughout the economy. The Age newspaper lies for Al Gore again . Once again The Age lied about the US election and maligned the US Supreme Court and President Bush. And once again the TNA expose these lies. There will be more exposes tomorrow.
Bad habits die hard.
It is an old saying and one that applies to the Chinese as much as anyone else. Dazzled by the apparent success of industry policies in South Korea, Taiwan and Singapore, despite the ensuing economic crisis, many officials are drawing the wrong conclusions. It is true, they opine in private, that Mao s economic schemes were an unmitigated disaster. It is equally true, they willingly concede, that central planning has failed elsewhere and would never succeed anyway. But South Korea and Singapore have demonstrated that there is a role for intelligent state guidance.