The Economist endorses Obama.

[Ma'ake]

Originally Posted by Archaea

If American media started endorsing British candidates or German candidates how would those populaces view it? With disdain. It's pretentious and condescending for them to do this.

Certainly the same negative attributes don't apply to economic decisions in those nations, or any nation that has significant economic power. We do have interest in the Chinese central bank's monetary policy. Considering the strong connection between political direction & economic policy, why should an election have less or no weight? We "cheer" for Sarkozy (myself included) but that's not condescending, IMO.

I don't enjoy socking it to the rich. The rich play an important & valued role in our capitalist society / economy, and no, not just as a piggy bank for everyone else. However... IMO "fair" tax policy is progressive. The more affluent have a greater obligation to, for example, support infrastructure that facilitates their economic position, such as the air traffic control system, the highways that help their businesses thrive. And yes, they also have a greater obligation to those elements of our society that frequently participate toward & faciliate their economic success, such as the working class, not to mention the moral responsibility to their countrymen who are much less economically successful, those on the lowest rungs of the ladder.