Today: State of the Union: Why You Should Fear America's "Sputnik Moment"

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Jan 26, 2011

State of the Union: Why You Should Fear America's "Sputnik Moment"

In his State of the Union Address yesterday (Tuesday) evening, U.S. President Barack Obama said the United States is experiencing another "Sputnik moment."
For a free marketer like myself, that's deeply depressing rhetoric: It reflects the reality that President Obama believes that this crisis - like others that came before it - is best solved by still more government action.

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