Did I mention hyphenated nouns are divisive?
How would anyone know the difference between euro-Americans and African-Americans if we didn't use our full hyphenated descriptions? And it is very important that we make such distinctions. It helps maintain a proper "us and them" perspective on things that is so important for social harmony.
You can't reason anyone out of a position they didn't reason themselves into in the first place.
Racial division isn't created by honesty. It has been created by centuries of discrimination and inequality. Through hard work and much pain, things are better today. However, better isn't equal to absence of racism. Ignoring the issues and problems that remain will not move us forward. Only more honest discussion and work will make things even better still.
On a practical note, people always categorize. It may not be best practice, but it will happen a sure as night will fall.
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.