Monday, January 19, 2009

From Reagan's First Inaugural

Part of Ronald Reagan's first Inaugural Address caught my attention as I read it. Unfortunately, I cannot picturing Barack Obama coming at our current economic crisis with the same outlook. Here are just a few excerpts from the Great Communicator (and I don't mean Obama):

"... These United States are confronted with an economic affliction of great proportions. We suffer from the longest and one of the worst sustained inflations in our national history....

"You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we're not bound by that same limitation? ...

"In this present crisis, government is not the solution to our problem; government is the problem....

"So, as we begin, let us take inventory. We are a nation that has a government--not the other way around. And this makes us special among the nations of the Earth. Our government has no power except that granted it by the people. It is time to check and reverse the growth of government, which shows signs of having grown beyond the consent of the governed.

"It is my intention to curb the size and influence of the federal establishment ...

"It is no coincidence that our present troubles parallel and are proportionate to the intervention and intrusion in our lives that result from unnecessary and excessive growth of government...."

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