Robert Reich liked the Obama speech…

more than I did. He thinks Obama has finally explained what happened to the U.S. economy and what needs to be done about it.

And he’s smarter and understands economics better.So read Reich’s recap/analysis.

But maybe Reich also hadn’t just re-read the Teddy Roosevelt speech that would have reminded him what tub-thumping populism really sounds like

You can also learn about all our free newsletter options.

Comments (8)

  1. Submitted by Ray Schoch on 12/07/2011 - 04:17 pm.

    Reich is fine, but I like Teddy Roosevelt better, and Roosevelt was a Republican. He never abandoned the idea that we ought to earn what we’re paid, and never labeled wealth or the wealthy as evil in and of themselves. It’s what you did to get the money, and what you do with it after you have it, that counted (and counts) more. Unlike the current right wing, Roosevelt – and his cousin Franklin – believed that rhetoric suggesting “Your end of the boat is sinking” was plainly stupid and self-defeating. In common with Obama and Reich, Roosevelt subscribed to the idea that, especially in a country that likes to say it’s a democracy, we’re all in this together.

    “You’re on your own” is the line uttered by the first-class passenger reclining in his deck chair on the stern of the Titanic, shouting to the guy in steerage for whom there’s no lifeboat. The shouter thinks he’s immune from the effects of that iceberg. More than arrogant, more than smug, the shouter is something else.

    He’s mistaken.

  2. Submitted by Dennis Tester on 12/07/2011 - 06:35 pm.

    “You’re on your own” is the line uttered by the first-class passenger reclining in his deck chair on the stern of the Titanic, shouting to the guy in steerage for whom there’s no lifeboat”

    To a liberal being left to fend for yourself is the worst possible fate. To everyone else it’s what we call freedom.

  3. Submitted by Jon Kingstad on 12/07/2011 - 07:59 pm.

    I’ve been reading Ron Suskind’s book “Confidence Men” about the Obama presidency through 2010. I haven’t finished reading it yet because it’s sort of depressing. I’m coming to the final 100 pages and Obama still in 2010 has not organized his staff, his policy priorities. The author paints a picture of a capable individual either way over his head or simply not up to the job. Not something I like to hear. I’m hoping for a more promising finish.

    A lot of this is not the President’s fault. I know of no other President who has been handed such a recalcitrant and obstructionist group of legislators. He’s had to contend with Blue Dog DINO’s and others in his party who have big egos and personal agendas but no sense of helping the President bring the country out of the ditch the Republicans got us in.

    Still, the President has not proved to be very good at decisionmaking or at selecting advisors. It looks like he’s at least beginning to acknowledge that the financial services industry remains at the center of the country’s problems and needs to be brought under strict regulation and control. I’ll be watching to see the President start putting his rhetoric into action and policy.

  4. Submitted by Paul Udstrand on 12/08/2011 - 09:25 am.

    He gives good speeches, but that’s not the job.

  5. Submitted by Paul Brandon on 12/08/2011 - 09:50 am.

    As Kipling didn’t quite say:
    If you can keep your head while all around you
    are losing theirs and blaming it on you,
    then you just don’t understand the situation.

    I think that Obama’s curse is that he DOES understand the situation.

  6. Submitted by Dennis Tester on 12/08/2011 - 03:01 pm.

    You give Obama too much credit. Where in his history would you find any evidence that he “understands the situation?”

    This is a man who obviously benefited from affirmative action to get into college and law school with less than stellar grades (prove I’m wrong), who taught a few civil rights classes (and was not a constitutional law professor as we’ve been told), who most often voted “present” in the Illinois state legislature, who was basically handed his u.s. senate seat and then immediately began running for president, who’s books were ghost-written, who never ran anything, accomplished anything legislatively or otherwise … and yet people like you assign him intellectual weight that no one has ever seen.

    Wait til Newt exposes him for the fraud that he is.

  7. Submitted by Paul Brandon on 12/08/2011 - 09:35 pm.

    This newt?

  8. Submitted by Paul Brandon on 12/09/2011 - 12:50 pm.

    Sorry, a link got picked off.

Leave a Reply