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Asian American families have the highest personal savings, the highest home and business ownership, and achieve the highest post-secondary education on average. So why do so many of us consider ourselves Democrats when the values that produced these fundamentals are so contrary to those of the Democratic Party?
Millennia ago, ancient Chinese described the redistribution of wealth through two proverbs: “Wool comes from the sheep” and “drawing a pie to feed the hungry.”
It is remarkable that the philosophers of old had already cautioned us against the risk of taking comfort in empty promises during a time of crisis. Yes, the U.S. economy is in a crisis and we need experienced leadership, integrity, and the right kind of change to protect our hard-earned assets and investments. Yet, Sen. Barack Obama’s plan and accompanying soaring oratory offers only temporary emotional relief. The numbers just don’t add up...