10/12/2011

Shades of Atlas Shrugged?

From a speech by Obama:

"Anybody in America should be able to make it if they try. But none of us make it on our own. Somebody — an outstanding entrepreneur like a Steve Jobs — somewhere along the line he had a teacher who helped inspire him. All those great Internet businesses wouldn’t have succeeded unless somebody had invested in the government research that helped to create the Internet. We don’t succeed on our own. We succeed because this country has, in previous generations, made investments that allow all of us to succeed."


Obama might not realize it, but the US was around for about 90 years until we public schools. Highways were all privately built up until around 1900. The subway system in NYC was virtually all built and run by private companies until government regulation drove them out of business and the government took them over (of course once the government took them over the regulations that drove the private companies out of business were then removed).

Labels: , ,

1 Comments:

Blogger Harry Schell said...

cliObama is borrowing from Elizabeth Warren and her definition of the "social contract" of a couple of weeks ago. Or she borrowed from him. I tend to think the former.

Marx is smiling.

10/12/2011 5:08 PM  

Post a Comment

Links to this post:

Create a Link

<< Home