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A lot of the charm of this kind of triumphalism wears off when one spends time in those other rich countries. It becomes rather sharply obvious on one’s return
by roughly 2y ago
A lot of the charm of this kind of triumphalism wears off when one spends time in those other rich countries. It becomes rather sharply obvious on one’s return what America has traded off while min-maxing its GDP score.
- ahmeneeroe-v2 2y agoThose other countries' wealth is often mostly composed of the kind of thing that is easy to enjoy as a tourist and hard to enjoy as a resident. E.g. beautiful real estate that is owned by the same family that owned it hundreds of years ago. An American tourist can rent space there and enjoy but a resident can never hope to earn enough to buy a piece of that. or amazing public transit, which to a resident is just a commute to work but an American tourist sees the novelty in
- roughly 2y agoI live in a city that tourists visit in America, I'm not getting starry-eyed on account of some old buildings.
- red-iron-pine 2y ago> E.g. beautiful real estate that is owned by the same family that owned it hundreds of years ago. An American tourist can rent space there and enjoy but a resident can never hope to earn enough to buy a piece of that. The US housing market is ossifying rapidly and will likely be exactly the same within a generation. Canada and Australia are as well.
- amadeuspagel 2y agoThe Economist is a british magazine. It's not triumphalism if they claim that the US is doing better then the rest of the world.
- NoGravitas 2y agoIt's triumphalism if a magazine in Airstrip One claims that Oceania is doing better than Eurasia and Eastasia.
- roughly 2y agoThe Economist is a pro-market publication, so yes, this is absolutely triumphalism on their part.
- spacebanana7 2y ago> when one spends time in those other rich countries Visitors usually get a warped view of the places they visit. You can't judge the UK by London, for example.