Sure the President said we are soft, but he didn't say what needs to be said because he didn't want to offend his voting block.
DD's example of how his family rose up through the ranks is a great one. But it took HARD WORK and SACRIFICE to get there...through GENERATIONS. There are few quick fixes to end a family's poverty, but no one wants to hear that. And on one wants to hear that they should save their money and not buy that large screen TV, smart phone (the one made overseas), or other non-essential items. Heck, if Obama told people to stop spending on frivolous items and start saving for a better future, economists would probably say that our economy would collapse even more.
Vicious cycle, but not really.
Oh, and the "we need more engineers" mantra is funny. Seriously, for what? Unless, or course, engineers are be willing to be a dime a dozen so that we can compete worldwide.

Otherwise, we make something smart, such as solar equipment, and it takes China only a couple years to start dominating the market. We make wind turbines and China will take a large chunk of that market in less time then it will take an engineer to start and finish his degree.
"Western manufacturers worried about price competition need only look at solar panels. In three years, the Chinese went from 30 percent market share to more than half by improving quality and slashing prices, New Energy Finance data shows.
China’s share of the global turbine market more than doubled to 32 percent since 2008 and its manufacturers comprise seven of the world’s top 15 suppliers, according to BTM Consult ApS, a Denmark-based wind industry researcher."
http://www.bloomberg.com/news/2011-10-1 ... chest.html" onclick="window.open(this.href);return false;
It’s a tough world out there. Not everyone is going to win, or win big. But it seems as though some people don’t want to do the hard work associated with winning. Instead, they want to make a lot of noise and hope someone tosses them a bone.
Good luck to them…but don’t expect me to respect them or willingly support them.