With 1 out of 4 living in poverty —
far more than any other industrialized country (nearly double what it was 30 years ago); a more tattered
safety net — more who are homeless, without health care, and without food security; a more segregated and inequitable system of public education, in which the top schools spend 10 times more than the lowest spending; we nonetheless have a defense budget larger than that of the next 20 countries combined and
greater disparities in wealth than any other leading country.
In recent years China has made
great strides in rolling out nationwide pension and health - care schemes, but the social
safety net is
far from adequate, and the leadership will have to do much more with much less time.