Nothing symbolized the overall economic philosophy of modern day liberalism and President Barack Obama, than his statements in a Roanoke, Virginia campaign speech last week.
“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,” Obama said.
This statement by Obama demonstrates a fundamental lack of belief in individual Americans to create their own wealth and become what many in American history have called “self-made men.” The philosophical underpinnings of Obama's statement fundamentally contradict the belief in American exceptionalism, that is: Laissez faire economics, equality of opportunity, individualism, and popular but limited self-government.
Read Full Article »