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Obama Unleashes Op-Ed On 'Millennials': "Welcome To This New American Economy"
Presented with no comment... (but a lot of ironic 'bold'-ing)...
Authored by President Barack Obama, originally posted at Medium.com,
Why I’m Betting on You to Help Shape the New American Economy
History has dubbed you the “Millennials.”
You’re part of the first generation to grow up in the digital age. Some of you grew up with cell phones tucked into your book bags, while others can remember the early days of landline, dial-up internet. You’ve gone from renting movies on VHS tapes to purchasing and downloading them in a matter of minutes.
Today, more of you are earning college degrees than ever before?—?and more young people from low-income families are getting a shot at higher education than previous generations. Along with having higher education levels, you’ve got a lower gender pay gap than other generations?—?and we’re working to close it even further. Take all those things together, and it’s no surprise that entrepreneurship is in your DNA. One survey found that more than half of Millennials expressed interest in starting (or have already started) their own business.
So here’s something we know for certain: Your rising generation of Americans isn’t just adapting to a 21st-century economy. You’re actively changing it.
And we know that when we invest in your potential, rather than stack the deck in favor of the folks who are already at the top, our entire economy does better. It’s the reason we’ve expanded grants, tax credits, and loans to help more families afford college. It’s why we’re giving nearly 5 million Americans the chance to cap student loan payments at 10 percent of their income. And thanks to the Affordable Care Act, the number of uninsured young adults has fallen by nearly 40 percent over the past four years.
You may have graduated into the worst recession since the Great Depression, but today?—?for all the challenges you’ve already faced, and after all the grueling work it’s taken to bounce back?—?you’re in the best position to break into the newest sectors of the new American economy.
Your generation is going to continue to shape that economy for decades to come?—?and that’s exactly why we know we have more work to do to address the challenges you still face. That means making student loan payments even more affordable. It means investing in the kind of basic research that led to the internet and GPS technology to help our next generation of American companies succeed. And at a time when increased investments in education have meant that young women are making the strongest start in the workforce of any generation before them, it means fighting to make sure they get the equal pay for equal work they deserve.
Let’s talk for a second about this new American economy?—?one marked by new industry and commerce, humming with new energy and new technology, and being driven forward by highly skilled, higher-wage workers. Our medical professionals are part of a workforce that also includes folks who are developing cutting-edge software to help us diagnose diseases. We’re not just punching in and pounding rivets?—?we’re coding computers and guiding robots. In this new economy, an entrepreneur can start a new business and succeed, an older worker who sees opportunity in a new field has resources available to retool for that new job, and a student can graduate from college with the chance to advance through a vibrant job market.
Today, I’m heading to a place that’s helping to shape that economy. It’s called Cross Campus?—?a collaborative space in Los Angeles that brings together folks at the cutting edge of a technology revolution, from investors and entrepreneurs to designers and engineers. Because their drive and talent don’t just boost their businesses, they boost our entire economy?—?and the innovative ideas that they’re coming up with are helping to power our recovery.
Think about this: Last month, our businesses created 236,000 new jobs. Over the past 55 months, they’ve created 10.3 million new jobs?—?the longest uninterrupted stretch of private-sector job creation in our history. That’s why, for the first time in more than six years, the unemployment rate is below 6 percent. We’re on pace for the strongest year of job growth since the 1990s. Since we emerged from the crisis, America has put more people back to work than Europe, Japan, and every other advanced economy combined.
So for all the challenges in the world, there are some really good things going on here at home. And the reason I’m heading to Cross Campus today is because innovation is one of them. Technologies that didn’t exist 20 years ago, from mobile apps to streaming video to social networks, support millions of American jobs today. Today, our tech sector is the envy of the world.
And the innovation fueling this economy isn’t just happening in Silicon Valley. From Kansas City to Colorado to L.A.’s “Silicon Beach,” entrepreneurs are turning great ideas into great companies.
I saw this new economy at Pittsburgh’s TechShop, one in a chain of community centers where members get access to professional tools, equipment, and software, as well as the space they need to make or design or prototype almost anything?—?for the same price you’d pay for a gym membership.
I saw this new economy at a factory in Austin, where workers are building the equipment that makes cutting-edge microchips. It was just a few years ago that the very first iPhone was introduced, and we were all marveling over touch screens. Now, even our coffee shops have touch-screen ordering systems, and there are American workers punching in every day to manufacture the hardware for our smartphones and tablets.
And I saw this new economy only a few miles from that factory, at Manor New Tech High School. Students there focus on STEM subjects, and I got to see some of their work up close?—?from using mathematical equations to build musical instruments, to running bungee-jumping tests using rubber bands and weights, to building robots. At Manor New Tech, nearly all of the students graduate, and along with their diploma, they’ve earned real-world skills they need to fill the jobs we know are available right now.
I’ve seen what your generation is capable of firsthand. And one of the reasons I’m so confident about America’s future is that I’m confident in you?—?a generation that’s more educated, diverse, and digitally fluent than any before you.
Throughout my time in office, my Administration has bet on American innovation. We’ve bet on America’s young people. And today, I’m betting that you’ll continue unleashing new ideas and new enterprises for decades to come.
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If nature gives you the ability to burn alive 8 billion people, is that permission enough to do so?
People better understand right quick what Laws they want others to follow better be the same laws that bind them as well.
hey barry, when I say, "what's up doc?", you say, "I'm hunting wabbits".
get it? you fucking cartoon.
Common core math quiz:
Q: What do you get when there are more Americans not working than EVER before?
A: Lower unemployment. In fact it is under 6%.
Now explain your answer.
Work? define.
I haven't had a paying job in a vary long time, placed my bets and live off of them to this day. But i can tell you this, some people its better for you donate food and supplies rather then compete against in the market place.
Really you would be better off keeping me high and out of your business less you find out what nature can do when the gloves come off.
Honestly, does he really believe what he's writing? It reads like campaign speech, which is about the least-objectionable aspect about him. Clearly he cherry-picked the data to suit his premise, but at least he stuck to his platform's taking points. I'm sure he will be successful and duping those who do not take the time to vet his claims.
After reading his self-congrasturbatory proclaimation, I interpreted his claims as the following
He's proud that
"Were counting on you Millennials to be the core of the coming DC US Reich and ReadyReserve."
An American, not US subject.
The only chance the millenials have is when one of the states revolts and abandons the bankster union, jettisons all globalist treaties and rebuilds a functional local community. No more sweatshop shit from China, products for American by Americans. And of course, hanging any banksters who fight this. Will need ex-special forces personnel to join the local militia and tanks and other military equipment will be taken from local national guard inventory. Hackers from Anonymous will be needed to enforce a no-fly zone for drones and other unwanted incursions and to oust the names and locations of any known New Bolshevik members in that given state. They will be given 48-hour notice to pack-n-leave. This is the only way my friends. Otherwise it's Global Gaza for all of us.
That'll be Texas.
The new American economy does not need shaping. It needs fixing. And nothing will begin to be fixed until the FED is closed down.
I need to wipe my ass.
Is there a flushable version of this literary masterpiece available?
"We’ve bet on America’s young people."
Yep, they keep on betting that young people will volunteer to get killed in Iraq and Afghanistan and that they will continue to take on education debt and that they will continue to believe in change.
Well.... Obamination is a gambling man and bets on other people's lives while, at the same time, doing exactly the wrong things that ensures the economic destruction of those people he's betting on .... isn't that great! The 'service based' economy really meant 'military service based' economy.
Personally, I'm waiting for this guy to just totally lose it, Mel Gibson-style. Once he sees Clinton people in the Oval Office with tape measures, measuring for drapes, he's going to completely detach.
hes such a narcissist he'll be spilling secrets on the news a week after the spotlight has left him. Anything for attention and to misdirect the sheep on his culpability.
The Millenial have no sense of urgency nor should they. When the boomer generation is gone they will begin to build lives. But there best income producing years will be over by then.
The boomers with any sort of wealth are obtuse. The rest without serios wealth are also screwed like Millenials but they got 40 great years in an empire.
I don't blame them, they had all the best cards and if they had really known what senior US politicians were up to, I have no doubt they would have stopped it.
As a group, millenials hate big government. That is good because someday they will be in charge and will limit it. I think we all want a unified world. But if the general population doesn't have a voice to shape it then it becomes nothing but a looting scheme as we are seeing now.
It's funny that anyone thinks the lazy piece of shit Affirmative Action Muslim in Chief wrote this (psy)Ops Ed.
The Obolo probably doesn't even know it was written and published in his name. Valerie Jarrett and Susan Rice and whatever that other Faggots name that is hiding out in the WH, were told to write this incoherent claptrap by the controlling cabal who are made up of the GS/JPM/DB/RBS/CFR/BIS/IMF/UN plus whoever it is that's above them, whom I have heard belong to a tribe of Royals and Pedophiles that meet regularly to swap bodily fluids and ideas.
It's funny. Laugh, goddammit. LAUGH. It's all we got at this point.
Should not this chump be working on an effective Ebola strategy instead. What the hell. Nothing will matter if we are all gasping for our last breath.
He's a moron. He has signed all these laws that can be used against him once the NWO collapses.
The only thing left to say is that I hope FLOTUS gives the fuck head some good ole West Africa head and this asshole goes straight to hell along with his liar fuck heads at the CDC.
You know we probably would be changing the world and making everything a wonderful la la land utopia if it weren't for the FUCKING LEGAL QUAGMIRE WE HAVE TO GO THROUGH JUST TO TAKE A SHIT TODAY!
WOW - You lucky bastards to have such a wonderful leader!
Thanks. We voted for him twice.
Yes, we really need to eliminate the 22nd amendment so he can be elected again!
/sarc
The 28 people killed in drone strikes in Pakistan in the last five days may have a different view.
I want to fucking vomit. The Millenials will fist fuck this country to death. We're done if we are counting on them.
Yea, because its the millenials who've shaped the last 40 years of socio-economic policy and debt creation. It was the millenials who took us off the gold standard. /sarc
The millenials may be disconnected from reality, but what do you expect when the generation, who was told they were special by the way, had all of their country's wealth and intellectual capital squandered by the generation before them, a generation that has guaranteed their children will be forever saddled with government debt slavery.
facepalm.jpg
I couldn't make it throught the article. Too much gobbely goop BS.
We're sooooo screwed.
What is this thing called "Obama"?
no one care enough about it to find out...
He's the best that a nation of 313 million can produce? Yeah, we're so exceptional...he's right of course.
The “Millennials” are starting behind the eight-ball and Obama has done his share to put them there. The generation that is now beginning to retire seems to have leverage its size into favorable policy that it will enjoy in later life. An American born in 1945 can expect nearly $2.2m in lifetime net transfers from the "state" far more than they pay in, and far more than any previous group.
A study by the International Monetary Fund in 2011 compared the tax bills of what different age citizens pay over their lifetime with the value of the benefits that they are forecast to receive. The boomers are leaving a huge bill. More about the burden we are placing on future generations in the article below.
http://brucewilds.blogspot.com/2013/03/the-young-will-be-burdened.html
What a pompous demagogue asshole!
Guess what Obama, I saw this new economy too. LOL At a factory in Austin, innovative entrepreneurs like Cody Wilson and his employees at Defense Distributed are mass producing a machine that will be available to consumers for $1200 that makes completely untraceable AR-15 receivers out of aluminum at will.
Why I’m Betting on You to Help Shape the New American Economy
History has dubbed you the “Millennials.”
God help us.
Fuck You Obama! You FAGGOT PIECE of SHIT! Just the sight of you makes me wanna puke...
TL;DR version:
The banksters are gonna fuck you like no generation before. Here's some lube, trust me, it works, I know.
Had enough? Are you smart enough to take it back? Better hurry
Blowing sunshine up the rear ends of the "I am special" crowd.
ROFL.
He forgot to say "and don't forget, if you do start that business and do well, I'll be there to take my cut because you didn't build that..."
This is pure pre-election bullshit.
More community activism from the clown.
Doubt he wrote any of it himself.
Small business loans from Obozo's governmet?
Where are the success stories?