[snake_plissken]

So there are a number ways in which people define the phrase "American Exceptionalism". I didn't realize there was a debate about it until the phrase became part of the popular vernacular over the past, 5 years?

All this time I've been stumbling around thinking it was our ability to run twin deficits (trade and budget) for like 40 years, without any appreciable increase in Treasury yields.

[ncmncm]

The claim of "American Exceptionalism" was a cornerstone of the Bush Jr. presidency. Notably, the Obama presidency continued it, both in word (speeches) and in action (death from the sky).