On the economy, Obama has evoked [5]the language of biblical parable in contrasting the economy built on sand with that build on rock. The economy built on sand, begun under Reagan, with top end tax cuts, deregulation, the cult of the CEO, the myth that markets would police themselves that led to a frenzy of speculation, greed, corruption and the placing of bigger and bigger bets with more and more borrowed money until that economy collapsed on its own excess.
"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. "
It's easy to scoff at Gingrich and mock Cheney. Voters weren't buying the conservative mantra when McCain and Joe the Plumber trotted it out in the campaign. But don't misunderestimate the right. There is no question that conservatives will learn the narratives put out by Cheney and Gingrich. The conservative movement excels at teaching their choir the lines of the hymnal. Over time, they will work hard to make Obama own the economic mess they left behind, and decry signs of weakness abroad.
It is vital that the real story be told - and not just by the president, but by neighbors to neighbors, citizen to citizen. The story on how conservative policies and follies led us into the hole we are in - and now are obstructing the efforts to get us out.
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Links:
[1] http://www.aei.org/docLib/Vice President Cheney Remarks 5 21 09.pdf
[2] click here />[3] http://www.humanevents.com/article.php?id=30913
/>[4] click here />[5] click here
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