President Obama can't turn water into wine, but he is determined to change sand into rock. In a major economic speech today at Georgetown University, Mr. Obama invoked the Sermon on the Mount -- likening the economic foundations of the previous administrations to sand that is easily blown away:"There is a parable at the end of the Sermon on the Mount that tells the story of two men. The first built his house on a pile of sand, and it was destroyed as soon as the storm hit. But the second is known as the wise man, for when '…the rain descended, and the floods came, and the winds blew, and beat upon that house… it fell not: for it was founded upon a rock.'"
Click here to read Mr. Obama's full remarks.
"We cannot rebuild this economy on the same pile of sand. We must build our house upon a rock. We must lay a new foundation for growth and prosperity – a foundation that will move us from an era of borrow and spend to one where we save and invest; where we consume less at home and send more exports abroad." - CBS News Story
I am a bit confused from this speech. Obama said " a foundation that will move us from an era of borrow and spend to one where we save and invest." When does this start? From day one of his Presidency he has been burrowing and spending. Not just for the Economy either. He has used that to sell his ideas, but parts of the Stimulus were actually increases in spending for the Government that had nothing to do with the Economy. What about his Budget? It is the biggest deficit spending in history?
You have to give him credit though, HE SURE CAN PREACH IT! Network News doesn't call him out on it either.
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