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It appears Obama wants to turn the 2012 election into a referendum of the future economic ideology of this country, one with more government interference vs. one with limited government interference.
What will the American people choose?
Quote:
In a video preview e-mailed to more than 10 million supporters on Saturday, as South Carolina Republicans went to the polls to help pick an alternative to him, Mr. Obama promised a populist “blueprint for an American economy that’s built to last,” with the government assisting individuals and businesses to ensure “an America where everybody gets a fair shot, everyone does their fair share and everybody plays by the same set of rules.”
Mr. Obama has honed that message for months as he has attacked Republicans in Congress and on the presidential campaign trail, contrasting it with what he has described as Republicans’ “go it alone” free-market views. His advisers say they hope to make Republicans seem as out of step with public opinion as they were when Barry Goldwater was soundly defeated as their presidential nominee in 1964.
Notably, Mr. Obama will again propose changes to the tax code so the wealthy pay more, despite Republicans’ consistent opposition. It is a theme the White House hopes will hit a nerve with voters after the front-runner in the Republican presidential race, Mitt Romney, acknowledged last week that he pays taxes at a lower rate than many middle-class Americans because the majority of his income comes from investments.
I suspect Obama's SoU address will be a campaign speech. If he is basing this on his speech in Osawatami, KS then he is arguing for more Progressivism in true TR style (founder of Progressivism in the USA). People don't recall that TR did not believe in private property rights (the foundation of liberty in the USA).
Unfortunately most voters have ADD and fail to remember that it was Robert Rubins in the Clinton Administration who set up the framework to make the derivatives trading legal and to kill Glass-Stegal.
IMO, Obama's goal is one of economic martial law.
The roadmap to economic stability in the US is sound money. Unless Obama plans to End The Fed he's full of hot air as usual.
I suspect Obama's SoU address will be a campaign speech. If he is basing this on his speech in Osawatami, KS then he is arguing for more Progressivism in true TR style (founder of Progressivism in the USA). People don't recall that TR did not believe in private property rights (the foundation of liberty in the USA).
English Common Law and precedent are the basis of property law in the US. Nothing TDR said was counter to that.
Quote:
Unfortunately most voters have ADD and fail to remember that it was Robert Rubins in the Clinton Administration who set up the framework to make the derivatives trading legal and to kill Glass-Stegal.
So, you are for the reinstitution of Glass-Stegal, or similar legislation? How does that jive with your idea that the economy is too controlled?
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