The Bain of Obama's Philosophy

Obama, in Chicago yesterday:

"When one is president, as opposed to the head of private equity firm, then your job is not simply to maximize profits, your job is to figure out how everybody in the country has a fair shot. Your job is to think about those workers who get laid off and how are we’re paying for their retraining…. My job is to take into account everybody not just some. My job is to make sure the county is growing, not just now, but 10 years from now and 20 years from now. And so, to repeat, this is not a distraction, this is what this campaign is going to be about.”

No.  When one is president, one's job is NOT figure out how everybody in the country has "a fair shot", especially the way you, Mr. President, define "fair" (that would be in the Marxist sense).   Your job is to worry about the general welfare, not the individual welfare.  The individual's job is to think about his individual welfare, and that of his family and of his immediate community, and so on up to larger and larger social circles.  It's a bottom-up thing.  Not a top-down thing.