President Barack Obama (ahead), Professor Henry Louis Gates Jr. and Sergeant James Crowley walk from the Oval Office to the Rose Garden of the White House, July 30, 2009 to join in on the President;s invitation to the "Beer Summit". Notice that it is Officer Crowley who is interested in the needs of the hobbled Professor Gates ... and not the friend and President. Image Credit: Official White House Photo by Pete Souza
The Killing Of Innovation In Obamaworld
American exceptionalism and what the expression actually means are key to how the United States became the most powerful and successful country in the history of mankind.
Now that six full months of the one-party rule leadership regime of Carter's Second Term are in full effect, Barack Obama decided that the "Spirit of Innovation" is the key to the future and the country's economic prosperity.
To quote President Obama, "Innovation has been essential to our prosperity in the past, and it will be essential to our prosperity in the future."
Little does President Obama and the Democrat Political Party vote-locked led Congress understand that they have already snuffed the spark that ignites the flame of innovation which would be the payoff that risk offers the innovator.
Basically, by increasing the size and scope of Government in everyone's life, the mother's milk of innovation created through investment and the level of return on an investment that is judged by the risk involved ... has been turned upside down.
Increased taxes and fees, Federal takeover of major sectors of a once free enterprise business, laying waste to contract law precedents that helped to structure the confidence of the investor through business uncertainty, and the pursuit of policies that would actually kill off some of the energy producing sectors of our economy have done everything but produce an atmosphere in which innovation could grow yet survive.
Obama said he will discuss the foundation he wants when he makes a second visit to Elkhart, Ind., on Wednesday (8-5-2009). Layoffs in the recreational vehicle industry account for much of the job loss in northern Indiana, which is struggling with an unemployment rate near 17 percent.
If people do not have money to spend or invest in, bright, educated, and talented people to create and innovate, they will not have an environment that fosters creativity and return on the risk for their investment.
President Obama evokes the scepter of innovation after over 3 minutes of excuses and descriptions of how bad the economy is doing ... oh!, and did we mention that we inherited this recession? Video Credit: whitehouse.gov
This excerpted and edited from Yahoo News! -
Obama: 'Spirit of innovation' key to the future
By DARLENE SUPERVILLE, Associated Press Writer - 8-1-2009
President Barack Obama, citing fresh evidence the recession is winding down, says the country's future economic prosperity depends on building a new, stronger foundation and recapturing the "spirit of innovation."
The president cited Friday's Commerce Department report showing that in the last few months the economy overall has done "measurably better than expected." He credited his $787 billion economic stimulus program for much of that progress.
"This and the other difficult but important steps that we have taken over the last six months have helped put the brakes on this recession," Obama said.
"Even as we rescue this economy, we must work to rebuild it stronger than before," he said. "We've got to build a new foundation strong enough to withstand future economic storms and support lasting prosperity.
That means having the best-educated, highest-skilled workers in the world, a health care system that fosters innovation by holding the line on costs, building a clean energy economy and investing in research and development," Obama said.
"It is only by building a new foundation that we will once again harness that incredible generative capacity of the American people," the president said. "All it takes are the policies to tap that potential — to ignite that spark of creativity and ingenuity — which has always been at the heart of who we are and how we succeed.
President Obama believes that innovation and growth are fostered through Government programs and directed Government spending. Never, in the history of man has innovation been the product of an over-reaching managed effort put forth by any Government.
This approach will only lead to a killing of innovation in an Obama led world. This was not the approach that made the rise of the United States exceptional in the first place.
We believe that this template is the opposite of what it really takes to create an environment of innovation here in Carter' Second Term. Personal freedom is the key and smaller Government in all areas of a citizens life is the only way to recapture what made America great and exceptional in the first place.
Restore the growth of personal freedoms through self-reliance and innovation will naturally follow.
Reset America by resetting what made America the land of opportunity in the first place. It is time to re-read and apply the Constitution of the United States and grow to a program of Federal Government minimalism!