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Post Economics of American Exceptionalism
Created by John Eipper on 11/02/12 2:29 AM

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Economics of American Exceptionalism (Tor Guimaraes, USA, 11/02/12 2:29 am)

The 23 October post by Istvan Simon seems quite chauvinistic at first blush, but does have some truth to it: America has been and still is a very nice country to live in, particularly if you have been able to feather your nest well. On the other hand, many people all over the world feel the same way about their country.

Regarding American "exceptionalism," I detect a sense of insecurity that America as a whole is going down the tubes socially and economically; thus someone better start talking about how wonderful we are. Anyway, America used to be much more exceptional than we are today. I was asked to give a presentation to a group of people interested in social-economic issues, for which I prepared a table WAISers may find interesting (click here ).

I find this table very interesting in the light of the 1971 Lewis Powell Memorandum that I brought up to this Forum a few weeks ago. Depending on the election results, Romney would probably continue the tilt toward increased corporate power, while Obama would continue to fight the odds and prop the apparent losers. Suffice to note that Istvan may have to qualify his definition of American exceptionalism if democracy disappears and US middle-class poverty continues to increase.

JE comments:  Tor Guimaraes first sent this post over a week ago; my apologies for the delay.  I was having technical with difficulties loading the PDF file to our website.  Give me a URL (weblink) over a PDF any day...

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