other the next hour or so in this panel. i was trying to think what s the framing theme of this conference and the series of panels, and what came to mind was one of the commentaries that was written this in the wake of the tenth anniversary of 9/11. and one commentator said that the historians will write about the last decade having three very important words. not war on terror, but made in china. in a way, that is the question that we re addressing in this panel and in the rest of the day. chinese leaders, of course, stress that they re still a developing country, 150 million people live on less than a dollar a day, the per capita gdp is one-tenth the u.s. level. and that is, of course, true. but i think we all know that the last 30 years of reform and opening up have brought a revolution to that country and bring a harbinger of enormous be change for the world. a harbinger because there s another revolution coming. i noticed 400 million more people moving to the cities u
putting money into the economy. there are some good provisions in the bill to encourage businesses to create jobs, but on the whole, a great chance has been lost to start putting america s fiscal house in order. if we had repealed some part or the whole of the bush tax cuts, it would have gone a long way toward reducing the structural budget deficit the united states has. and more importantly, what the bill does is to try one more time to encourage americans to spend more money. now, we got into this mess because americans borrowed and spent too much and now, we re trying to get out of it by borrowing and spending more the republican party has come to power in the recent election by denouncing keynesian economics, that s the government s effort to stimulate the economy. but it turns out they are as committed to keynesian economics as the democrats. see, john mainord keyne simply said when the public stops spending, the government has to step in. he advocated two kinds of publ
searches on google and yahoo!. today i m going to demonstrate this form of censorship not only continues but in many cases is worse. let me start, if i can do this. . . what you re looking at here on th n l google.com search for the word tiananmen. you ll find pictures of the famous tiananmen square protest in 1989. especially the iconic photo of a demonstrator standing in front of several tanks. now what you see is google.cn, google s china search engine, and a search for the same word. tiananmen. here you will find only beautiful postcard images of tiananmen square. let me be clear. i am not singling out google. yahoo! and bing, microsoft s search engine also censor the internet china and the leading chinese search engine censors even more content than these america companies. i want to commend google again for announcing that they plan to stop censoring their chinese search engine. i look forward to an update today on their efforts. and our first hearing we discussed the g