at Knox College until yesterday, when I found it while surfing Obama's website. Like almost all of his speeches, it's a fantastic speech, and beautifully written, but the best part comes near the end, as Barack eloquently tears into the Republican frame of the "Ownership Society."
Like so much of the American story, once again, we face a choice. Once again, there are those who believe that there isn't much we can do about this as a nation. That the best idea is to give everyone one big refund on their government - divvy it up into individual portions, hand it out, and encourage everyone to use their share to go buy their own health care, their own retirement plan, their own child care, education, and so forth.
In Washington, they call this the Ownership Society. But in our past there has been another term for it - Social Darwinism, every man and woman for him or herself.
As Obama closes his speech, he justifies the populist principles that Republicans have assailed as anti-capitalist and "tax-and-spend" and anti-growth, starting with the "Ownership Society" bit.
In Washington, they call this the Ownership Society. But in our past there has been another term for it - Social Darwinism, every man and woman for him or herself. It's a tempting idea, because it doesn't require much thought or ingenuity. It allows us to say to those whose health care or tuition may rise faster than they can afford - tough luck. It allows us to say to the Maytag workers who have lost their job - life isn't fair. It let's us say to the child born into poverty - pull yourself up by your bootstraps. And it is especially tempting because each of us believes that we will always be the winner in life's lottery, that we will be Donald Trump, or at least that we won't be the chump that he tells: "Your fired!"
But there a problem. It won't work. It ignores our history. It ignores the fact that it has been government research and investment that made the railways and the internet possible. It has been the creation of a massive middle class, through decent wages and benefits and public schools - that has allowed all of us to prosper. Our economic dominance has depended on individual initiative and belief in the free market; but it has also depended on our sense of mutual regard for each other, the idea that everybody has a stake in the country, that we're all in it together and everybody's got a shot at opportunity - that has produced our unrivaled political stability.
And so if we do nothing in the face of globalization, more people will continue to lose their health care. Fewer kids will be able to afford this diploma you're about to receive.
More companies like United won't be able to provide pensions for their employees. And those Maytag workers will be joined in the unemployment line by any worker whose skill can be bought and sold on the global market.
Today, I'm here to tell you what most of you already know. This isn't us. This isn't how our story ends - not in this country. America is a land of big dreamers and big hopes.
It is this hope that has sustained us through revolution and civil war, depression and world war, a struggle for civil and social rights and the brink of nuclear crisis. And it is because of our dreamers that we have emerged from each challenge more united, more prosperous, and more admired than ever before.
So let's dream. Instead of doing nothing or simply defending 20th century solutions, let's imagine what we can do to give every American a fighting chance in the 21st century.
What if we prepared every child in America with the education and skills they need to compete in this new economy? If we made sure college was affordable for everyone who wanted to go? If we walked up to those Maytag workers and told them that there old job wasn't coming back, but that the new jobs will be there because of the serious job re-training and lifelong education that is waiting for them - the sorts of opportunities Knox has created with the strong future scholarship program?
What if no matter where you worked or how many times you switched jobs, you had health care and a pension that stayed with you always, so that each of us had the flexibility to move to a better job or start a new business?
And what if instead of cutting budgets for research and development and science, we fueled the genius and the innovation that will lead to the new jobs and new industries of the future?
Right now, all across America, there are amazing discoveries being made. If we supported these discoveries on a national level, if we committed ourselves to investing in these possibilities, just imagine what it could do for a town like Galesburg. Ten or twenty years down the road, that old Maytag plant could re-open its doors as an Ethanol refinery that turns corn into fuel.
Down the street, a biotechnology research lab could open that's on the cusp of discovering a cure for cancer. And across the way, a new auto company could be busy churning out electric cars. The new jobs created would be filled by American workers trained with new skills and a world-class education.
None of this will come easy. Every one of us will have to work more, read more, train more, think more. We will have to slough off bad habits - like driving gas guzzlers that weaken our ecomony and feed our enemies abroad. Our kids will have to turn off the TV sets and put away the video games and start hitting the books. We will have to reform institutions, like our public schools, that were designed for an earlier time. Republicans will have to recognize our collective responsibilities, even as Democrats recognize that we have to do more than just defend the old programs.
It won't be easy, but it can be done. It can be our future. We have the talent and the resources and the brainpower. But now we need the political will. We need a national commitment.
And we need you.
Now, no one can force you to meet these challenges. If you want, it will be pretty easy for you to leave here today and not give another thought to towns like Galesburg and the challenges they face. There is no community service requirement in the real world; no one's forcing you to care. You can take your diploma, walk off this stage, and go chasing after the big house, and the nice suits, and all the other things that our money culture says you can buy.
But I hope you don't. Focusing your life solely on making a buck shows a poverty of ambition. It asks to little of yourself. You need to take up the challenges that we face as a nation and make them your own, not because you have an obligation to those who are less fortunate, although you do have that obligation. Not because you have a debt to all of those who helped you get to where you are, although you do have that debt. Not because you have an obligation to those who are less fortunate, although you do have that obligation. You need to take on the challenge because you have an obligation to yourself. Because our individual salvation depends on collective salvation. Because it's only when you hitch your wagon to something larger than yourself that you will realize your true potential. And if we're willing to share the risks and the rewards this new century offers, it will be a victory for each of you, and for every American.