The speech was sophomoric, but it's hard to sound smart when everything you believe or say is based on falsehoods or ideological foolishness.
Taxing the rich won't help us, only a strong and growing economy will, but that's impossible with the policies of this administration and probably impossible without a radical political metamorphosis. We've spent half a century perpetuating, not eradicating or mitigating, poverty in America, and we've turned welfare into one of our biggest industries. The result is we now have a vast Dependent Class comprised of the "old" poor and a growing population of "new" poor in the guise if illegals. All we have to do is look at the rolls of those getting food stamps or on Medicaid.
If we can't change some basic assumptions about what we value and encourage independence and productivity our problems will only get worse. It would be great, frankly, if our multinational companies developed some "school spirit" and remembered where they were originally chartered and which culture they sprang out of.