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The End of the American Economy

Jill234 Wrote: Jul 25, 2012 12:12 PM
Good article. But with regard to the bit about Einstein - it isn't how much he knew that mattered, but what he knew.

Last week, President Obama infamously said that if you built a business in America, you weren't really responsible -- the government was. You didn't get ahead because you were smart or worked hard, or a combination of the two. Only the government could allow you to rise above your station.

Obama took a lot of flack from commentators for this comment. There's only one problem: He was right.

He wasn't right because that's the way things should work. But increasingly, it's the way things do work.

That's why, two weeks ago, Sen. Chuck Schumer, D-N.Y., begged Federal...