What a joke for Obama to call our national crisis a Sputnik
moment. Most Americans dont even know about Sputnik or the America of
1957. If they did, they would be LOLOLOL at Obamas speech line.
This is NOT the America that won the Cold War, much less the national surge called the "Space Race" sparked by Sputnik!
The USSR's Sputnik stunned the world because they had launched a
ballistic satellite in the middle of the Cold War. Sputnik was a clear
and present EXTERNAL danger to American democracy. The current economic
crisis is a clear and present INTERNAL danger of our own making.
Obamas speech did nothing to seriously address the threat.
In 1957 America, unemployment was only 4% and inflation was 2.9%. This
is wildly different from America today at 9.2% unemployment and
holding.
In 1957, President Eisenhower reduced the deficit by 11% in his first
term and another 5% in his second term. Obamas budget for 2010 totals
$3.55 trillion with the debt proje
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