'WASP' is the only ethnic term that is in fact a term of class apart from redneck which is another word for the same group but who are in the lower social strata so it's inexplicably tied up with social standing and culture and history in a way that the other hyphenations just are not.
Such manifestations I account as representing the creative leadership of the new forces of thought and appreciation which attend changes in technological pattern and therefore of the pattern of human relationships in society.