I watched Obama's speech last night. I heard nothing new, I heard no new plans, I heard no bold experiment, I heard campaign rhetoric and populist talk. I didn't see a leader, I didn't see a President, I saw a guy , over his head , without a clue, what Middle America is all about and no IDEAS ,( other than socialist principals) and no idea how we really got in the shape we are in as a country.
I am the same age as Obama, I grew up in Middle Class America, Not Obama' America, I wasn't shuffled off to other countries, my parents actually were together, I got a good education in the Public schools. I didn't go to a posh private school in Hawaii like Obama did. Through hard work I went to college and received two degrees, never had a student loan and today I own a successful small business.
There WAS a class system back when we were kids. Workers drove Fords and Chevys, supervisors and managers drove Buicks and Oldsmobiles and the Boss drove a Cadillac or Lincoln. But, if you drove a Ford or Chevy, you knew if you worked hard and applied yourself you would move up and someday be a "Buick guy". For that matter, if you really applied yourself, you could own your own business, if you wanted to, you could drive that Cadillac some day because this was America.
I grew up in middle class household, my dad worked, my mom stayed home. When I got older and went off to school she went back to work, part time. Not because she had to, but because she wanted to. You didn't need two incomes to live well.
I went to public school , everyone did back then, I hung out with the kids whose parents worked under my day and I hung out with the kid whose dad owned the company. We didn't have "class envy" back then, we were kids. We all knew if we applied ourselves anything was possible so who cared what someone's dad did for a living?You put on clean cloths to go to school, you were respectful. If you were not respectful, well you probably went to the principal and you might just get a paddling. That would have been preferable to what would have happened if your Dad found out. You didn't want to go THERE!
Your parents didn't have credit cards, you might have had a store charge, like at Sears or the local hardware. You might have a monthly payment for furniture that you paid at the furniture store. Normally you SAVED for what you wanted and when you had the money you bought it. If you wanted to own a house you saved 10-20 percent down and you went to your local bank where you had your checking or savings account and you got a mortgage. If you were a veteran, VA was there to help. You knew who your doctor was, they were called 'family doctors" back then, you didn't need health care back then because an aspirin didn't cost 30.00 at a hospital .
Your parents had a savings account and chances are they were putting something away for your college some day. They saved for that family vacation and you took every summer. Chances are if you wanted extra money you got a paper route or maybe mowed lawns. You knew that you'd need some money of your own someday and you really didn't expect your parents to put you through school.
In the late 1980's and 90's all that changed, We became a country of "gimmes" If you wanted something you "charged it". by the late 90's savings was at an all time low. In just about every family both parents worked, THEY HAD TO. Working class people bought "Timeshares". You didn't have to wait for that promotion, you could get that Buick or even a Cadillac, thanks to leasing and 5 yr car payments.
Schools looked more like country clubs, in the burbs elaborate multi million dollar edifices with pools and gyms and theaters. But they were not exempt from violence and gangs. Respect was something most teachers only dreamed of. Our children were spoiled and now, are producing yet an even more spoiled generation that is over-scheduled and assume they will be on American Idol or a "Reality show" and get rich..
America got worse, we bought McMansions and Mercedes, sending our kids to "private schools" so you could "escape" the bad influences of a public education. Housing prices went up and sometimes even both parents working couldn't provide that Middle class American Dream anymore. You didn't save for your kids college you just hoped that they would get a scholarship and you prepared for the huge debt load of a student loans,and you just prayed that they would get a good job.
Then it ALL fell apart. The warnings were all there, Houses were too expensive, Cars too high. American racked up a greater charge card debt that the price their parents paid for their first home. People woke up, realized just what this all meant. Last year , it fell apart and people started saving again. They stopped charging and well this economy came to a grinding halt.
WHY? Because America had a false economy. Our "wealth' was tied to the size of out 401K, our equity in our home and our credit line. It was no longer about what we "Owned' because really we didn't own anything.The free ride was over, credit lines got cut and fiscal responsibility became a requirement to actually buy something.
Obama's plan is to take us back. He wants you to spend your money, go BUY something, even if you can't afford it, he wants you to take those risks. He wants to artificially inflate housing prices by offering you a carrot of a first time home buyers credit so you buy a 100,000 house that is still dropping in price and in a year when you get that tax credit , you house is only worth 85K. He wants to bribe the banks with more money to get your "credit line" expanded so you will go back and get further in debt and contribute to the "false economy" that got us in this mess to start with. He wants to throw money at a problem and never mind that your children and maybe your grandchildren will be paying for it.
If Obama's plan is an America of greed, of consumption, of financial irresponsibility, of betting my kids future on a world where everyone wants 'instant gratification' and are unwilling to work hard and make sacrifices?
Well I'm afraid I will have to pass President Obama, because that is not "My America".