Here are two parts of Obama’s speech in Kansas, on December 6th.
~ Let us start by defining “New Nationalism“…… It was first introduced by Theodore Roosevelt on August 31, 1910. As a Progressive ideal, it was one (if not THE) first to propose Government-subsidies for healthcare, poverty, unemployment, Social Security, and other issues which increase the government size. It worked on union principles, pushing for minimum wage, taxation on businesses, and an increased regulation on the Railroad industry which was expanding at the time – in ordered to help the farmers, who had to pay to ship their products to market…
~ A brief paragraph from Obama’s speech ~
“Now, it’s [the free market] a simple theory. And we have to admit, it’s one that speaks to
our rugged individualism and our healthy skepticism of too much
government. That’s in America’s DNA. And that theory fits well on a
bumper sticker. (Laughter.) But here’s the problem: It doesn’t work. It
has never worked. (Applause.) It didn’t work when it was tried in the
decade before the Great Depression. It’s not what led to the incredible
postwar booms of the ‘50s and ‘60s. And it didn’t work when we tried it
during the last decade. (Applause.) I mean, understand, it’s not as if
we haven’t tried this theory”.
~ So Obama is saying that one of the greatest economic systems to ever come to existence is a PROBLEM? So when the Great Depression continued on because of Governmental intervention and growth, it was the free market that led to this continued downturn? So when soldiers naturally came back to America after the War to spend their money in our domestic economy, which bolstered a vast manufacturing boom, it was NOT because of the market trends of the time? Finally, it is because of the Free Market that we have to increase taxes and support the many government programs in existence, RIGHT?!
…… It is flooring how the many supporters of Obama put up with this… I know that there are the Communists, the Marxists, the Occupy people, Hippies, College students… but REALLY?