Does Obama think he is right?

Up until recently, say a year or so ago, I always had confidence things would be better in the future. The technological advancements I have seen in my lifetime lead me to believe that nothing was beyond human innovation. I read Ray Kurzweil's book "The Singularity is Near" about the ever increasing rate of technological development which reinforced my belief that the future was going to be fantastic. I have always thought I was born at the right time in history, when knowledge about anything was at my fingertips. The future was going to be great and all I had to do was work hard and save enough money to get there and I would be set. I did not even have to become super wealthy, just put enough money aside that I could live off my wealth by the time I was in my 60's or perhaps later. By that time medicine would advance to the point where I might live for quite a while after that without the necessity of working full time. My mind would be free to explore and study things that I don't have the time or energy to do now. Perhaps even death might not be as inevitable as it once was. I don't think I ever had the illusion that I would live forever or maybe I did. Now I see a dismal future in which the future of my labor will be snatched from me, harvested like a crop. My future prospects limited by a government that views the private sector as livestock to be slaughtered.

Does Obama firmly believe he is right? I just don't get it. Private industry has given us everything we have. Private industry and innovation are the only hope we have for miracles in modern medicine and it is being killed. Where will the next wonder drug come from, government? Modern medicine, cars, computers, the internet, cell phones all of this was built by private industry. I know the internet evolved from the Arpanet but that was just the starting point, they didn't create the web and would never have figured out how to utilize it on their own. Sure people hate the greedy capitalists, the doctors, the drug companies. But they don't hate the results. They don't hate viagra, antibiotics, non invasive surgery, cancer treatments that are effective, they don't hate the fact that HIV is no longer an automatic death sentence. Yet they want to kill the spring from where these innovations come. I don't get it. Obama lives in the same world I do. Like the rest of us he faces the risk that some day we all may need a miracle cure. Yet he wants to kill the one source of the miracles. Does he think government can do a better job of inventing? Where is the evidence for this? I know, we put a man on the moon so we must be able to solve all the other hard problems.