Tuesday, December 6, 2011

President Obama: "In America, We Are Greater Together" | The White House

In the most important economic speech of his presidency, Barack Obama went to Osawatomie Kansas to channel Teddy Roosevelt's  speech a century ago.  For the first time, as Robert Reich observed, a President addressed directly both the political ideology and the structural economic challenges that threaten America's favorite self-image: land of opportunity.  In one of the highlights of a speech (HERE is the transcript) that should be read, the President said:
"But this isn’t just another political debate. This is the defining issue of our time. This is a make or break moment for the middle class, and all those who are fighting to get into the middle class. At stake is whether this will be a country where working people can earn enough to raise a family, build a modest savings, own a home, and secure their retirement.
Now, in the midst of this debate, there are some who seem to be suffering from a kind of collective amnesia. After all that’s happened, after the worst economic crisis since the Great Depression, they want to return to the same practices that got us into this mess. In fact, they want to go back to the same policies that have stacked the deck against middle-class Americans for too many years. Their philosophy is simple: we are better off when everyone is left to fend for themselves and play by their own rules.
Well, I’m here to say they are wrong." VIDEO of this highlight



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