Obama Says Capitalism Has Never Worked


New post on Doctor Bulldog & Ronin

Obama Says Capitalism Has Never Worked

by doctorbulldog

Really? Gee, I guess all those decades of America being the number one economy in the world is just a fluke. Who would have thunk it?

Obama attacks Republican economic theory: ‘It’s never worked’
By Anne E. Kornblut – Washington Post

President Obama, in one of his most expansive speeches to date, declared on Tuesday that supply-side economics is a failure and called “gaping inequality” across the country a moral shortcoming that is distorting American democracy.

Gaping inequality? Under ANY economic system there exists inequalities. However, a Capitalist, Free Market Society is the only system out there which affords ANYONE the opportunity to become successful based upon one’s own merits. I’ll take that any day of the week over Socialism which seeks to subjugate and rob the population while propping up the crooks in government.

Obama’s speech in Kansas was not just another attack on Congress, or a plea to pass his jobs bill. He did not roll out a new, snappy slogan – such as telling the audience that “we can’t wait” to enact new laws.

Instead, Obama delivered a searing indictment of Republican economic theory, setting the stage for the coming presidential campaign. Summoning the image of a populist Theodore Roosevelt — in the same town (Osawatomie) where Roosevelt delivered a famous speech on economic fairness in 1910 — Obama deployed the language of right and wrong, fairness and unfairness, in a lengthy address that aides said he largely wrote himself.

Yup, he’s channeling his inner Commie.

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Excellent DoctorBulldog!

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