Blast from the Past: Former President Obama (20 seconds) UPDATE & CORRECTION

‘…ordinary men and women are too small minded to govern their affairs. The order and progress can only come with individuals surrender their right to all powerful sovereign’ – Obama

Telegram: Contact @Q17_Awakening

(Update on 9/15/2021) This 20 second clip was taken out of context. I should have checked this or at least been suspicious. If you go to the full speech, a few minutes in you hear the quote in reference to this old view that he says he and the modern world reject.

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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