The Free Market Does Not Work? Do You Agree with Obama?

Two days ago, Obama gave a speech at a high school in Kansas. The president told Americans that free market capitalism does not work. Let me repeat that so it can settle in. The President of the United States told Americans that free market capitalism does not work and has never worked. Now allow me to summarize nine other major points made by the President –

In today’s America, the hard work of the middle class benefits only the wealthy.

The key to national prosperity lies with government regulation and oversight of all private business activity.

Individualism is trumped by collectivism. Survival of the fittest is a myth.

The only way out of our economic malaise is to re-educate Americans with government programs, including tax-subsidized community college education.

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