Obama has another “Malaise Moment”: Scold CEOs for being lazy

On July 15, 1979 Jimmy Carter gave a speech that helped sink his presidency. It later became to be known as the “Malaise speech”. Many have said, including myself, that President Obama was the second term of the Carter administration.



Well, Barack Obama has once again fulfilled prophecy.

ABC News

For the second time in as many months, President Obama has taken the nation that elected him president to task for its own lackadaisical economic performance on the global stage.


Obama told a group of CEOs today that the United States has gotten “lazy” and that America lost its hunger in promoting itself in a global marketplace.


“We’ve been a little bit lazy over the last couple of decades. We’ve kind of taken for granted — ‘Well, people would want to come here’ — and we aren’t out there hungry, selling America and trying to attract new businesses into America,” he told the CEOs who are gathered on the sidelines of the annual Asia Pacific Economic Cooperation (APEC) meetings, which the United States is hosting this year in Hawaii.


The problem is not the laziness of the nation, it’s the recklessness of Obama’s own economic policies that’s stifling American productivity. And like Jimmy Carter before him, Obama can’t see the problem is himself.

Memeorandum

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