Reply #31: As one of the posters below stated, there's nothing wrong with entrepreneurship [View All]

[aint_no_life_nowhere]

HypoToad, I believe, made a very intelligent comment further down in this thread. Entrepreneurship is an essential element of our economy. Individualism and new business ideas advance our culture. Do we want to all work for mega corporations or institutions and exist as drones or are there people willing to risk their money and time to open new businesses? I'd hate to live in a society without entrepreneurs. I tried to open my own office (and failed) and I know it's very difficult and it requires a lot of guts and especially confidence in the economy. Is Obama actually approving of Reagan's fiscal policies or is he simply commenting on Reagan's appeal to optimism in encouraging people to have confidence in the economy and the system to the point where they are willing to risk everything in opening new businesses?

I don't know the answer. Obama's remarks are very troubling. I hope he doesn't mean what it appears he means. I think he should explain himself and end this speculation.