Like FDR in the 1930's and 40's President Obama makes the argument that changes being made presently will slowly positively effect the declining in the middle class to explain the relatively unchanged economic climate to the female CFO and veteran who questions him on "her new reality". In the last two years of the Obama administration has passed an enormous amount of legislation reguarding both social and economic spending and controls. It seems that with so much paperwork changes would happen much more quickly.
This legislation is, in part, meant to control insurance, business, and educational practices. I do not agree with federal invovlement in education, which should be reserved to state and local goverments. When federal money is granted to students, it opens the door to govermental control of both classroom material and political ideologies taught at every educational level, but most especially in the collegiate sector. This type of federal control has already proved troublesome, as evidenced by The No Child Left Behind Act of the Bush administration, which increased govermental power while decreasing international benchmark achievements. Federal control of education is also in no way Constitutionaly supported, and Amendment 10 reserves this power.
Federal economic controls are also addressed. Obama reponds to the moderator's inquiry about his villanizing of Wall Street and business by stating that his (the most typically liberal) ideology allows that while a free market is the most economically beneficial, that this system must have federal control and oversite to ensure fair business practices. An example would be the gross negligence of the pyramid scheamer Bernie Madoff. While this might at first seem a contradictory statement, it compares to Locke's political belief that in order to have a civil, free society that can be goverened, individual members of the whole must give up some of their perfect freedom to a larger whole.
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