EconAir

Happy Birthday America! Democracy and individual liberties have survived for 250 years. Slavery was eliminated. The right to vote was extended to all Americans. America innovated the Industrial/Information Revolution and made the country the largest and most technologically-advanced economy in the world. In the 20 th   century, America helped defeat totalitarian regimes. America was an inspiration to all people who wanted to fight tyranny and oppression. From 1607 onwards, America was a special country built by immigrants and their descendants.   The foundation of this remarkable democratic edifice is the Constitution. The basic rules and political institutions were set out. Having denounced King George of England in the Declaration of Independence, the founders were particularly sensitive to the threat of an imperial presidency. The powers of the president in Madison’s first draft were watered down in subsequent revisions.    The founders, especially Madison, used t...