On Xi and Paul Ryan

Hard work and determination had made his country great. The welfare state, in addition to being a drag on growth, only created incentives for laziness and mediocrity. It was, therefore, essential to keep the people from falling into the hammock of dependency. The welfare state would not be expanded, even if doing so would encourage consumption, reduce inequality, and revive growth.

Is this neo-Victorian Xi or Paul Ryan? Spoiler alert–it’s both.