Republican Party? Or Communist Party? (It's Your Party, And I'll Cry If I Want To.)

This is from a Reuters article about the economic disparities between the very rich and the working poor. The references to the country have been eliminated. See if it sounds like anyplace you know....maybe even a country you live in.

The public was outraged in 2003 when a driver ran over and killed a pedestrian with her BMW, but was given a light sentence.
The leadership is deeply concerned there could be a wider backlash, threatening a decade of strong economic growth and the Party's grip on power, says an expert at the University of Alberta.
"They have come to the conclusion that ... the regime will not survive if they don't address the growing wealth gap, and more importantly, the perception that the government only cares about economic growth and the urban rich," he said.
YELLOW LIGHT, RED LIGHT
When the late leader ignited the country's market reforms in the late 1970s, he espoused a trickle-down approach, saying: "Let some people get rich first."
Some have become gloriously rich. Next week, the Rich Listwill be unveiled on which the average wealth for the richest top 400 is about $200 million. Seven are billionaires.
To be sure, tens of millions of people have been lifted out of abject poverty since the party came to power.
But the wealthiest 10 percent of urban households now own 45 percent of the urban wealth while the poorest 10 percent have less than 1.4 percent.
The newspaper reported recently that the wealth disparity had reached the "yellow" warning level and could become a "red" danger within five years.
"Social contradictions" are on the rise, it warned.

Sounds like the current economic situation here, and the Republican Party's reactions, doesn't it? Remember Reagan and the trickle-down theory? I think he invented the phrase (ok, maybe one of his advisors--we all know he was taking a nap.)

Nah. It's about China. And our old nemesis, the Communist Party.

At least, I think it is.......