Comment by skippyboxedhero

For the hundreds of millions of people who have incomes more than $1 per day now. Simple.

China produced one of the greatest economic miracles ever seen in an age when every economic authority said that miracles were impossible. This is still the legacy today where people argue, even after China has thrown up cities housing 20m people in two decades, that isn't real...because it fundamentally overturns basic aspects of the pre-China account of economic growth (which was itself largely based on lies to create support for politicians).

Never forget that economic growth is dangerous to vested interests.