The United States Inequality and the American Dream Economist.com For a modest little British "newspaper" as they love to call themselves, The Economist has uncanny insight into the American psyche. They've hit the nail squarely on the head once again with their June 17th focus on "Inequality and the American Dream." As though The Economist was really the World's conscience [as perhaps it is] they set out three conditions that must be met in order for inequality to not be inherently wrong as many on the left have argued:
To me they have omitted the most important condition that makes America unique. That is, the strong sense of right and wrong derived from our Judeo-Christian heritage, and the moral principles which guided the formation of this country. It is this set of underlying moral principles and not some vague idealism that I believe is the real American "genius for translating...talk of the American Dream into practical policies."
"...first, society as a whole is getting richer; second, there is a safety net for the very poor; and third, everybody, regardless of class, race, creed or sex, has an opportunity to climb up through the system."
To me they have omitted the most important condition that makes America unique. That is, the strong sense of right and wrong derived from our Judeo-Christian heritage, and the moral principles which guided the formation of this country. It is this set of underlying moral principles and not some vague idealism that I believe is the real American "genius for translating...talk of the American Dream into practical policies."
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