A history of America's economic dynamism

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  1. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    From the Economist: A history of America's economic dynamism

    The political machinations that allowed a candidate who lost the popular to become president is acceptable (by law) ONLY IN THE US. Because we have continued, without questioning, formulations of political behaviour (Gerrymandering) and manipulation of the Popular-Vote (the Electoral College) that are rare enough in any other developed democracy on earth.

    But beyond that accusation, there is the fact that creates envy throughout other economies and it is Our Economic Dynamism. It this condition that saves us from becoming a backwater country. That is, the ability of the American people to change behaviour - their own and their rules of governance.

    Excerpt:

    There remains a lot of reformation to be done to correct the unfairness of America's horrible Income Disparity - and the reckless manner in which Upper-income Taxation allows some individuals extremely large fortunes with which they manipulate the political process.

    But underlying that wish is - as the above linked article explains well - a market-economy dynamic that works amazingly well ... !
     
  2. doombug

    doombug Well-Known Member

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    "Unfairness".....what a childish argument.
     

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