A lot of outrage, including threats of physical violence, has been directed at executives of the American International Group and other financial-services firms. The executives are perceived as having triggered the world wide economic crisis by their reliance on subprime mortgage–backed securities and on credit default swaps (something few people understand even after hearing them explained).
The U.S defense budget, always outsized, has become even more bloated in recent years. In the past eight years military spending has nearly doubled, with much of the increase devoted to financing the wars in Afghanistan and Iraq. A year ago Joseph Stiglitz of Columbia University and Linda Bilmes of Harvard predicted that the Iraq war could cost the U.S. $3 trillion.
North is North, and South is South, and never the twain shall meet. Well, actually, they do. In a globalized world, people move freely, carrying ideas and practices with them, and some of the resulting meetings and mergers can be surprising, even bracing.
Despite an economic emergency and a popular president, notions of bi partisan cooperation on Capitol Hill collapsed after about a week. The advantages of political partisanship remain extremely compelling.
The United States is deeply divided regionally when it comes to violence, gun possession and the death penalty. Dividing the country into 11 different “nations” based on the predominant origins of its inhabitants and the resulting culture, Colin Woodard says Yankeedom (his label for the Northeast) and the Left Coast are most open to gun control and abolition of the death penalty. The Deep South, Appalachia, Tidewater and Far West regions contain the most adamant supporters of the Second Amendment and capital punishment, and they also have the highest rate of murders. If the deadlock between these two extremes is ever to be broken, it will come about through swing voters in the middle states (Tufts magazine, Fall).