HE IS LUCKY HE HAS US

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On Tuesday, President Obama went to Osawatomie High School in Kansas to deliver an address framing the economic issues for the 2012 election.  He was following in the footsteps of turn of the century “progressive” Teddy Roosevelt, who spoke at that same site 100 years ago to rail against big corporations and the privileged, while calling for “fair play” for ordinary Americans.

But the speech only showed why Obama can’t lead America on the economy.  Instead of leading us forward into the modern economics of the 21^st century, he keeps reaching back into the economics and politics of old – the failed Keynesian economics of Franklin Roosevelt in the 1930s, the disastrous stagflation of Jimmy Carter in the 1970s, and the supposed promise of progressivism 100 years ago, before the demonstrated failures of Marxism worldwide in the 20^thcentury.

Continued

SOURCE: http://www.forbes.com