Thursday, February 26, 2009

The United Socialists of America

This past Tuesday, President Obama addressed Congress and the nation on his economic agenda saying, "the day of reckoning has come," after years of finanical irresponsibility. Obama praised Congress for their passage of the $787 billion dollar economic plan, believeing that its passage will create approximately 3.5 million jobs. President Obama went on to indicate that the government will be getting into the consumer banking business, overhauling energy resourcefulness, investing millions in Medicare, and reforming schools. But, will this, to paraphrase Mr. Obama,"build a new foundation for lasting prosperity?" Well, just listening to that speech, you couldn't help but get the feeling that the United States was turning from a capitalist society to a socialist one before your very own eyes. Using Medicare as an example, I think President Obama was very much impyling that socialized medicine is a path onto which the U.S. should trod. Certainly, FDR would have stood up with Nancy Pelosi in giving President Obama standing ovation after standing ovation. However, would the founding fathers have found resonance with the same words? I do not think that anyone would disagree that they, more than anyone else, knew what would build a new foundation for lasting prosperity.

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