Of course, there [in China] has to be chaos. It has to be crazy, and I don't think there's anything wrong about it except this government, which is really incapable of doing anything meaningful.
When people talk about people being left behind - middle wages have not gone up for years, and we should recognize that, and there I think we need growth and skills - but there are these other people who have been left behind. When I say out loud, "Fifty percent of inner-city schoolkids do not graduate from high school," that is a national catastrophe. We should be ringing the alarm bells. It's not fair.