Tag Archives: American Exceptionalism

Creativity vs. the 0 sum game, Romney vs. Obama

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Last night’s presidential debate revealed two individuals and by association two political parties with fundamentally different economic beliefs and therefore visions for the United States. Since the government plays such a big role in our lives it’s instructive to consider … Continue reading

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Civics 106 – Economic Advice for the U.S. government from former Clinton Secretary of the Treasury

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Robert Rubin, President Clinton’s Secretary of the Treasury had a great op-ed piece in the Wall Street Journal yesterday.  He said there’s five basic risks facing the U.S. if we fail to get our fiscal house in order.  They are … Continue reading

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Civics 104 – What Would You Do?

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Last night I had dinner with an old and dear friend.  As happens between us we got to talking about the upcoming U.S. presidential election and the state of the union.  As usual we had different ideas about what to … Continue reading

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What Romney’s tax returns can teach us about financial literacy

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Presidential hopeful Mitt Romney last week released summary information about his 2010 tax return. From my perspective, its a great jumping off point to explicate several financial literacy basics.  In this post I’ll deal with tax and in the next … Continue reading

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Civics 102 – U.S. Gov’t expenditures 2010 Vs. 2007

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The above analysis compares Federal budgets fiscal 2010 to 2007.  I’ve chosen these two years to compare because the contrast is both timely (see Joint Select Committee on Deficit Reduction, i.e, Deficit “Supercommittee”) and politically revelatory.  2007 was the last … Continue reading

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WHY THE AMERICANS ARE SO RESTLESS IN THE MIDST OF THEIR PROSPERITY

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This is the second in a series on the foundations of the American economic psyche.  Once again I turn to Alexis de Tocqueville and his two-volume Democracy in America which is reprinted from the University of Virginia’s on-line version. In certain … Continue reading

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OF THE TASTE FOR PHYSICAL WELL-BEING IN AMERICA

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10 years or so ago I was fortunate to rediscover de Tocqueville.  I say rediscover because while I may have read bits of his two-volume Democracy in America I certainly didn’t read it in its entirety.  In any case I’ve … Continue reading

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