Buying America … but will America sell?
From the beginning of the 2012 election cycle, we’ve seen the Obama re-election campaign single out demographic groups for free goodies in return for a price, votes. We’ve been witness to the free contraception giveaway mandate (women); the battle over the student loan interest rate (college grads); the refusal to enforce of DOMA, and the embracing of gay marriage (gay vote); the Dept of Homeland Security’s refusal to enforce certain sections of US immigration laws (Hispanics); the gutting of welfare reform’s work requirements by Dept. of HHS (welfare recipients); and now we have the latest class warfare barrage with “if you’ve got a business, you didn’t build that, somebody else made that happen” (downtrodden workers of America, unite against the evil capitalists).
Since the President can’t run on his record (did we hear anything about it in his Roanoke speech), then his options are reduced to free gimmies to specific voting groups in danger of lower turnout or defection, and character assassination of his opponent, and he couldn’t have asked for a better figure than Mitt Romney.
But the question remains as asked. What will America do. We have an economy at 8.2% unemployment which is forecast to remain at this or possibly higher levels, and Ben Bernanke in recent testimony said:
“After rising at an annual rate of 2.5 percent in the second half of 2011, real gross domestic product (GDP) increased at a 2 percent pace in the first quarter of 2012, and available indicators point to a still-smaller gain in the second quarter.”
Have the tough times we’ve lived through for the last 3 years lowered our life expectations? What do we, as Americans really believe? More importantly, who do we believe?
There are a lot of wealthy, successful Americans who agree with me — because they want to give something back. They know they didn’t — look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something — there are a whole bunch of hardworking people out there.
If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business — you didn’t build that. Somebody else made that happen.
or Mitt Romney?
Come November 6, who will show up at the voting booth, a nation of Julias or the nation of Bill Gates, Ray Kroc, Steve Jobs, Henry Ford?