The Speech
A great show. The only thing missing was the lighting of the Olympic Torch
The speech sounded the usual Dem themes, albeit more effectively than the last two Democrat presidential nominees. Lots of promises for universal schooling, universal college, universal employment, universal health care and a brimful wallet for each and everyone (except for the rich).
There's a movie out right now that serves as the perfect counterpoint to the kind of societal and political change Obama wants to engineer. I.O.U.S.A examines the issue of the National Debt, of entitlements, of fiscal promises we are making to present and future generations that we cannot possibly afford. FDR's New Deal began our burden, LBJ's Great Society expanded it, and Compassionate Conservative GWBush's prescription drug provision further deepened it. What Obama seeks to add vis-a-vis Universal Health Care will be nothing short of devastating.
Amid all the fireworks and confetti, the most important image from last night's Dem finale was the sight of Michelle and Barack Obama's two children. For it is upon their shoulders that the burden of financing our existing system (and anything else Barack puts in place should he become President) will be placed. Here's something to think about:
Bill & Hillary Clinton: 1 Daughter
Barack & Michelle Obama: 2 Daughters
Joe & Jill Biden: 1 Daughter & 2 Sons (Biden's previous marriage)
6 children to replace 6 parents. Its a small example, but illustrative of the demographic 8-ball we are up against as we proceed into the future. In fact, the country's replacement rate stands at 2.1, which means we are just barely replacing our generations. Since our growing entitlement system depends on the funds from productive bodies, the twin horrors of an aging and static population are virtually upon us. Add to this a growing menu of ironclad government entitlements and we are legislating our own doom. But who knows. Perhaps Obama can defy our demographic decline and give us all everything? The answer to that of course lies with Malia and Sasha.
Yes We Can. But they will have to pay for it........