"The free enterprise system has blessed the United States of America with the greatest prosperity, the highest standards of living, and, most important, the greatest individual freedom known to man. If we can preserve this system, and our freedom, we can look forward to turning over to our children, and our children's children, an America that is more productive, prosperous, and stronger economically, financially, morally, and spiritually, than the one we inherited."
How, from this, did we become a nation of blame, bailouts, and entitlement?
Wal-Mart has just released its quarterly report showing sales and earnings up 7.5 percent and 9.8 percent respectively. Wal-Mart, founded and built by one of America's great entrepreneurs, has been under endless attack from the political left. Now, in tough times, Americans are happy to have a source of low priced, high quality merchandise.
Average nationwide retail gasoline prices this week are $1.95 less a gallon compared to July -- a drop of almost 50 percent. In a Gallup poll done last year, most Americans attributed high gasoline prices to oil company greed. Are they going down now because oil companies are becoming generous?
No doubt, these are hard times.
Here's my prediction. The more Americans believe that our future depends on politicians, political fixes, and bailouts, the bleaker our future will be.
If we see America as a country defined by men like S. Truett Cathy, Bill Simon, and Sam Walton, we'll re-establish firm footing on American principles and re-build our country, our prosperity, and our leadership.
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