Frequently, callers to our afternoon programs offer dire predictions about the future, tell us the end is near and the United States is about to go the way of Rome and the other great civilizations that came before us.
Reading what this speaker says might cause you to be equally pessimistic.
“. These United States are confronted with an economic affliction of great proportions. We suffer from the longest and one of the worst sustained inflations in our national history. It distorts our economic decisions, penalizes thrift, and crushes the struggling young and the fixed- income elderly alike. It threatens to shatter the lives of millions of our people.
Idle industries have cast workers into unemployment, causing human misery and personal indignity. Those who do work are denied a fair return for their labor by a tax system which penalizes successful achievement and keeps us from maintaining full productivity.
But great as our tax burden is, it has not kept pace with public spending. For decades, we have piled deficit upon deficit, mortgaging our future and our children’s future for the temporary convenience of the present. To continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals.”
Almost enough to make one give up and surrender to the forces of history. However, the speaker did offer one ray of optimism. And it’s something I often say to despondent callers. There is still reason to believe in the concept of American exceptionalism–this nation is unique among the nations of the world.
“It does require, however, our best effort, and our willingness to believe in ourselves and to believe in our capacity to perform great deeds; to believe that together, with God’s help, we can and will resolve the problems which now confront us.
And, after all, why shouldn’t we believe that? We are Americans. “
The speaker was Ronald Reagan. The occasion was his first inaugural address. It was delivered in 1981.
We survived. And will again.