I want you to take a look at something President Obama said during a fundraiser last week in SanFrancisco. It’s been gaining some notice as a vision for America that is not historically recognizable.
"Because in the United States of America, we are greater together than we are on our own (Applause). We’re better off when we keep that basic American promise that if you work hard, you can do well — you can raise a family, you can own a home, send your kids to college, put a little away for retirement — and that that promise is open to everybody. If you’re born into tough circumstances, we’re going to give you ladders to climb up into that middle class. And if you’re in that middle class, then we’re going to make sure that you’ve got the tools to, even in a changing world, have some security and some stability in your life.
That’s what we’re fighting for. That’s the choice in this election."
Actually, this is not a vision for America. This is a vision for the Soviet Union.
First of all, there is no basic promise in America that if you work hard you can do well. IN FACT, there is a basic promise in America that you can work hard and have everything go straight down the toilet.
Because that’s the nature of capitalism which, like it or not, is the economic system we have in America.
Dmitri, tell me about the good old days.
Photo by Keith Koffler
If you decide to work really hard making large rotary cell phones, you are not going to do well. EVEN THOUGH YOU WORKED REALLY, REALLY HARD.
If everyone succeeds, then no one succeeds. Because we’re all making things nobody needs.
At that point, THE GOVERNMENT MUST BE FUNDING IT ALL, because no intelligent investor is.
And if people must take whatever you make, pretty soon, nobody is working hard. Except the government, which is appropriating for itself more and more private wealth and freedom in order to keep this bad show opening every night. But eventually, the money runs out. Like it did in the Soviet Union.
And what kind of vision is this? Raise a family and put some money away for retirement. I thought the promise of America was that THE SKY’S THE LIMIT. Not some average life. In the Soviet Union, everyone raised a family, everyone had a home, everyone sent their kids to college, and everyone had a guaranteed retirement. Until they didn’t.
And Obama wants those already in the middle class merely aspire to “some security and some stability.”
This is the very premise of socialism. You get a some security and some stability. And with the risk of failure removed, everyone settles into a placid existence propped up by the kindly hand of government.
Until the bottom drops out.
