Obama talked about how anything is possible in America, but for 15-25 million unemployed, that’s no longer true. He talked about the ability for someone with a dream to rise to the top, but for someone who’s had their home taken from them illegally, that’s not true. He talked about the spirit of entrepreneurship making this country great, but unless that entrepreneurship is a financial innovation, that’s not really true. This isn’t an upwardly mobile country anymore, statistically speaking. And it’s a country, in the short term, in crisis.
|By: David Dayen Wednesday January 26, 2011 7:45 am|
|By: David Dayen Tuesday January 25, 2011 1:00 pm|
Do people still want to predict massive economic growth this year?
|By: David Dayen Monday January 24, 2011 8:21 am|
The headline “Obama to Press Centrist Agenda in His Address bore very little resemblance to the content therein. Maybe I expected something far worse, and am judging the results thusly, but I’d say that the President calling for new investments and staying silent on the Bowles-Simpson cat food recommendations is pretty darn good, all things considered.