Obama is wrong. Making money is noble.
From The Politico:
"In his commencement speech at Southern New Hampshire University this morning, Obama ...warned against the charms of doing what most college graduates set out to do: Make money. 'In a few minutes, you can take your diploma, walk off this stage and go chasing after the big house and the large salary and the nice suits and all the other things that our money culture says you should buy. But I hope you don’t. Focusing your life solely on making a buck shows a poverty of ambition. It asks too little of yourself. And it will leave you unfulfilled'"
If he does get elected president, someone should teach Obama about Adam Smith's invisible hand. In a well functioning market economy, you only profit by helping other people. And the more money you make, the more you have helped others. A graduating student who wanted to maximize the amount of good she did for society should probably try to maximize her own paycheck. (Although she should avoid going into certain professions such as law and crime.)
