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Obama to lay out economic growth plan in State of Union speech
Reuters ^ | Feb 10, 2013 | Jeff Mason and Mark Felsenthal

Posted on 02/10/2013 1:15:09 PM PST by YankeeReb

WASHINGTON (Reuters) - President Barack Obama will describe his plan for spurring the economy in his State of the Union address on Tuesday, offering proposals for investments in infrastructure, manufacturing, clean energy and education, a senior administration official said on Saturday.

In the annual presidential address to Congress, Obama plans to show he has not lost sight of the economic woes of middle-class Americans - issues that dominated the 2012 election campaign but have been overshadowed recently by efforts to cut the deficit, overhaul immigration laws and curb gun violence.

"The potential success of his second term is hugely dependent on the rate at which the economy grows," said Ruy Teixeira, a political scientist with the liberal-leaning Center for American Progress.

"There's no problem the Democrats have that can't be solved with faster growth. Conversely, there's not much they'll be able to do if growth stays slow."

Obama previewed his economic growth plan in a speech to House of Representatives Democrats this week, telling them he would stress the importance of education, development of clean energy, and infrastructure.

There were no details on the new initiatives for infrastructure, manufacturing, clean energy and education, elements first reported by the New York Times.

But any new spending will face tough opposition from Republicans in Congress who are focused on cutting spending and reducing the deficit.

Obama has urged Congress to take steps to postpone harsh government spending cuts slated to take effect on March 1, and the White House took pains on Friday to describe how the cuts would affect ordinary Americans' lives.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Government
KEYWORDS: 113th; bhosotu; notwatchingit; obama; stateoftheunion
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The State of the Union Follies will focus on more of the same. More spending on education, infrastructure and Green Energy

I read that as more credit from the Bank of China to give more 0bama bundlers more lard from the treasury.

Same Shiite Different Day

1 posted on 02/10/2013 1:15:16 PM PST by YankeeReb
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To: YankeeReb

1) Invest in schools
2) Invest in roads
3) Invest in green technology
4) Punish everyone who works hard and is successful.


2 posted on 02/10/2013 1:16:48 PM PST by ClearCase_guy (Nothing will change until after the war.)
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To: YankeeReb

WTF does he know about economic growth?


3 posted on 02/10/2013 1:20:31 PM PST by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: YankeeReb

He’ll probably talk about and then try to mimic the recent economic successes of North Korea.


4 posted on 02/10/2013 1:21:14 PM PST by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: YankeeReb

“...economic growth plan...”

Gonna be a short speech.


5 posted on 02/10/2013 1:21:51 PM PST by Carriage Hill (AR-10s & AR-15s Are The 21st Century's Muskets. Free Men Need Not Ask Permission!)
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To: YankeeReb

Easiest way to do this is for all the Democrats and RINO centrists to resign.

It would only hurt gun sales and oil prices would drop, but they could handle it.


6 posted on 02/10/2013 1:23:17 PM PST by King_Corey (www.kingcorey.com -- OpenCarry.org -- http://defcad.org/)
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Comment #7 Removed by Moderator

To: YankeeReb

His Royal Majesty The King will inform his peons and serfs of The State Of The 57 states of his realm.

I bet he promises to focus like a laser on employment and give us some of those “shovel ready” jobs he couldn’t find last term.


8 posted on 02/10/2013 1:24:35 PM PST by Iron Munro (I miss America, don't you?)
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To: YankeeReb

9 posted on 02/10/2013 1:24:50 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: YankeeReb

Dust off “Economic Growth Plan #5” for the rubes. They bought the first four hook, line and sinker.

“If everybody paid their fair share...”
“We can’t cut our way to prosperity...”
“There are some who say...” (ridiculous straw man argument here)


10 posted on 02/10/2013 1:25:04 PM PST by ProtectOurFreedom
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To: YankeeReb

For my commentary on the Preziduntz remarks, I will refer you to Joe Wilson.


11 posted on 02/10/2013 1:25:27 PM PST by Ouchthatonehurt
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To: carriage_hill

It won;’ be short.

Hussein loves to hear himself talk.

I won’t be tuning in.


12 posted on 02/10/2013 1:27:08 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: Ouchthatonehurt

This will be the next in the series of “Focus on the economy like a laser” speeches.


13 posted on 02/10/2013 1:28:07 PM PST by bytesmith
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To: YankeeReb

14 posted on 02/10/2013 1:30:49 PM PST by Dallas59 (America died a little bit more on 11/6/2012)
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To: BenLurkin

Me neither. The DBM will be full of “it” for days afterward.


15 posted on 02/10/2013 1:31:12 PM PST by Carriage Hill (AR-10s & AR-15s Are The 21st Century's Muskets. Free Men Need Not Ask Permission!)
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To: YankeeReb

he doesn’t know anything about economic growth


16 posted on 02/10/2013 1:31:40 PM PST by GeronL (http://asspos.blogspot.com)
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To: YankeeReb
"Obama has said he is willing to cut a "big deal"

k Mr "Big Deal". Show us yours. So far you're just Mr. "Big Talk".

17 posted on 02/10/2013 1:31:44 PM PST by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
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To: YankeeReb

“There’s no problem the Democrats have that can’t be solved with faster growth...”

Just one problem. There’s no Democrat policy that will lead to faster growth.


18 posted on 02/10/2013 1:32:48 PM PST by SaxxonWoods (....Let It Burn....)
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To: YankeeReb

Ditto. Same old bull from Mr. Mutable (as in hit the mute button).


19 posted on 02/10/2013 1:37:55 PM PST by MulberryDraw (That which cannot be paid, won't be paid.)
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To: BenLurkin

And I....My.....Me.....etc ad nauseum.....


20 posted on 02/10/2013 1:38:10 PM PST by jsanders2001
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