August 24, 2005

Obama on Ownership

A commencement speech by Barack Obama where he talked about the ownership society:

... Like so much of the American story, once again, we face a choice. Once again, there are those who believe that there isn't much we can do about this as a nation. That the best idea is to give everyone one big refund on their government - divvy it up into individual portions, hand it out, and encourage everyone to use their share to go buy their own health care, their own retirement plan, their own child care, education, and so forth.

In Washington, they call this the Ownership Society. But in our past there has been another term for it - Social Darwinism, every man and woman for him or herself. It's a tempting idea, because it doesn't require much thought or ingenuity. It allows us to say to those whose health care or tuition may rise faster than they can afford - tough luck. It allows us to say to the Maytag workers who have lost their job - life isn't fair. It let's us say to the child born into poverty - pull yourself up by your bootstraps. And it is especially tempting because each of us believes that we will always be the winner in life's lottery, that we will be Donald Trump, or at least that we won't be the chump that he tells: "Your fired!" ...

Go read the whole thing.

Update: Missing link added by popular request, glad to know someone else was paying attention ;)

Posted by natasha at August 24, 2005 03:15 PM | Law/Justice | Technorati links |

The power of the business internet comes from a great innovation which we call a "link".

Posted by: Capt. Jean-Luc Pikachu at August 24, 2005 05:58 PM

Behold: a link!

Posted by: Steve M at August 25, 2005 06:02 AM

I want to read the whole thing! Where is the link?

Posted by: Paige at August 25, 2005 08:45 AM