President Obama on the U.S. Getting Soft

This is a great, great country that had gotten a little soft and we didnʼt have that same competitive edge that we needed over the last couple of decades. – President Obama, 29 September 2011

(via Obama echoes Carter’s ‘malaise’: U.S. has ‘gotten a little soft’)

My take: It’s pretty ironic to get lectured on being soft by a guy who has never made an honest buck in his life, and who owes his entire career to rent-seekers and political operators.

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