https://thefederalist.com/2019/09/06/americans-wanted-freedom-much-hong-kongers/
As I watch the fearless Hong Kong protesters risk life and limb, standing up to the Chinese juggernaut to protect freedom, I can’t help but wistfully wish we’re witnessing the beginning of a spreading popular movement. In my heart of hearts, it’s my fondest hope that these courageous, freedom-loving protesters succeed and that their message of hope catches fire in other countries in desperate need of the Hong Kong formula.
I’m not referring to a spread into mainland China, which would also be wonderful. No, here I’m hoping their thirst for freedom also spreads to the United States.
I’m not saying the United States isn’t free. But it’s a whole lot less free than the special experiment of Hong Kong. For one thing, the Heritage Foundation rates Hong Kong’s as the freest economy in the world, and the United States as the world’s 12th-freest. That’s embarrassing.
Hong Kong is a miracle economy. Its unemployment rate rarely rises above 4 percent. It recovered quickly from the financial crisis in contrast to the very lethargic U.S. recovery between 2008 and 2017. Hong Kong has avoided the curse of a large entitlement system due to its free market policies. It maintains a “simple and efficient” tax rate of 15 percent, from which it drives an astonishing budget surplus, averaging 3.4 percent. Its debt is equivalent to 0.1 percent of GDP.
Leftist orthodoxy would hold that the absence of a robust social safety net would result in widespread human suffering. But the opposite is true. Hong Kong, a city of comparable size to New York City, has a tiny homeless population of approximately 1,000, as opposed to New York, where nearly one of every 121 New Yorkers is currently homeless. Hong Kong’s poverty rate of 14.7 percent is among the lowest in the world.
In spite of a comparatively hands-off regulatory environment, market efficiencies make Hong Kong’s carbon footprint per citizen less than green-obsessed Great Britain, Belgium, Germany, and Luxembourg, to name a few examples. Indeed, its carbon footprint per citizen is only two-thirds of Norway’s (6.4 metric tons per capita versus 9.3) and less than half of Canada’s (15.2 metric tons). If the left really cared about the environment, it shouldn’t abandon the profit motive’s efficient resource management that has proven to be a more effective pollution reducer than central control.