This would have sounded reasonable before the elections of 2008 and 2012.
Obama is doing everything possible to stop the development of a middleclass anywhere. The middle class threatens his bizarre Marxist ideology, which is not based on rising prosperity but on the gulf between the haves and the have-nots.
Our biggest problem is going to be underpopulation, not only in the US but even in the Third World before too long. China is going to crash because its one-child policy has led to virtually no female births, the impossibility of reproducing, and entire areas where there are no longer workers.
Even here in the US, when you travel outside of any big urban area, you find a depopulated land and some abandoned former urban areas that literally look as if a neutron bomb had dropped on them.
That’s going to be the big problem in the future: no markets.
This stands out:
“The first rule of organizations is that first-rate executives hire first-rate executives. President Reagan was a first-rate executive and he brought in a varsity team: Bill Casey, at the CIA, Cap Weinberger at defense, Jeanne Kirkpatrick at UN and they hired first rate executives themselves.”
Unlike the current imposter in chief who surrounds himself with lackeys...