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	<title>Citizen Economists &#187; democrats</title>
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		<title>Read Reed Hundt&#8217;s book,  &#8220;In China&#8217;s Shadow&#8221;</title>
		<link>http://www.citizeneconomists.com/blogs/2009/07/13/read-reed-hundts-book-in-chinas-shadow/</link>
		<comments>http://www.citizeneconomists.com/blogs/2009/07/13/read-reed-hundts-book-in-chinas-shadow/#comments</comments>
		<pubDate>Mon, 13 Jul 2009 15:20:18 +0000</pubDate>
		<dc:creator>D H Smith</dc:creator>
				<category><![CDATA[Book Reviews]]></category>
		<category><![CDATA[democrats]]></category>
		<category><![CDATA[entitlement]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Obama]]></category>

		<guid isPermaLink="false">http://www.citizeneconomists.com/blogs/?p=1535</guid>
		<description><![CDATA[<p>If you want to understand Democrat fantasies in the absence of financial constraint or common sense, read Reed Hundt&#8217;s book, &#8220;In China&#8217;s Shadow.&#8221; Reed Hundt is a permanent member of the American political class, a Yalie, a partner in a high-powered law firm, head of Bill Clinton&#8217;s FCC, and a member of Barack Obama&#8217;s <span style="color:#777"> . . . &#8594; Read More: <a href="http://www.citizeneconomists.com/blogs/2009/07/13/read-reed-hundts-book-in-chinas-shadow/">Read Reed Hundt&#8217;s book,  &#8220;In China&#8217;s Shadow&#8221;</a></span>]]></description>
			<content:encoded><![CDATA[<p>If you want to understand Democrat fantasies in the absence of financial constraint or common sense, read Reed Hundt&#8217;s book, &#8220;In China&#8217;s Shadow.&#8221;  Reed Hundt is a permanent member of the American political class, a Yalie, a partner in a high-powered law firm, head of Bill Clinton&#8217;s FCC, and a member of Barack Obama&#8217;s transition team.</p>
<p>Free money is Reed Hundt&#8217;s great idea. Muggins, that is you  me, the hard-pressed American taxpayer, should buy everyone from Nome to Tierra del Fuego a pension, healthcare, and education. By these means, the United States will win in the economic competition with China that furnishes the title of his book and a small fraction of its other content.</p>
<p>No, it&#8217;s not a joke. People with power and influence really think this way.</p>
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