Some truth in pieces of the rant. (See here) America's infrastructure has an average grade of D and many systems are getting worse since they are chronically underfunded (free riding, etc.) So the writer concludes:
‘Closing America’ would mean getting rid of the economic system that Americais based on, namely capitalism that fails its citizens in all respects. The United States cannot provide food, shelter, clothing, education, infrastructure or health care to its citizens. One of the more exceptional things about American Exceptionalism is that the USA is a failed state, a Banana republic at best. So why isn’t this being addressed? Simple: the grades are given by the one percent and they do not care if the country is failing, if the infrastructure is falling apart. The scorecard is rigged for the 1%."
If more Americans shared his view of the top income earners, I bet Tanzi would be proven right and our income distribution would narrow.
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