https://threadreaderapp.com/thread/1449798894708305922.html
My 2C is Xi's diagnosis is basically correct. This paragraph in particular:
>We must plan, and navigate between needs and possibilities. We must base the protection and improvement of the livelihood of the people on economic development and financial sustainability rather than unrealistic pursuits and expectations, and promises that cannot be fulfilled. The government cannot take care of everything. Its focus should be on strengthening the construction of people’s livelihood guarantees that are fundamental and universal. Even if we reach a higher level of development and acquire stronger financial resources in the future, we should not set aims that are excessively high, and/or provide excessive guarantees. We must resolutely prevent [ourselves] from falling into the trap of nurturing lazy people through “welfarism.”
PRC won't reach west's living standards any time soon. Trying to build culture for generating "strong men" in anticipation for increasingly "hard times" because "good times" will never be that good for majority of people. This was always reality, PRC has too many people to uplift, and difficult external conditions. Simply not enough resources in world to propel 1.4B to western living standards, not even considering geopolitics of securing that much resources. This is PRC planning to crush gilded age, proposing a New Deal and attempting to nurthure greatest generation.