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 ...
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) Invest in schools
2) Invest in roads
3) Invest in green technology
4) Punish everyone who works hard and is successful.
WTF does he know about economic growth?
He’ll probably talk about and then try to mimic the recent economic successes of North Korea.
“...economic growth plan...”
Gonna be a short speech.
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.
Ah, more stand-up comedy!
Skittles and Unicorns for everyone!
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.
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)
For my commentary on the Preziduntz remarks, I will refer you to Joe Wilson.
It won;’ be short.
Hussein loves to hear himself talk.
I won’t be tuning in.
This will be the next in the series of “Focus on the economy like a laser” speeches.
Me neither. The DBM will be full of “it” for days afterward.
he doesn’t know anything about economic growth
k Mr "Big Deal". Show us yours. So far you're just Mr. "Big Talk".
“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.
Ditto. Same old bull from Mr. Mutable (as in hit the mute button).
And I....My.....Me.....etc ad nauseum.....
They’re very environmentally conscious. Have you ever seen how much energy they don’t use at night? True green crusaders...
More spending ? Thought the Treasury was throughly looted... Guess GE and other dem backers need more cash from hobbled citizens...
I don’t know about this year, but I can guess the text from the 2015 speech if America votes demonrat next year.
“For the good of our country, we must take control of all retirement accounts”. Democrats do not rise to applaud (not because they don’t agree, but because they instantly wet themselves with glee).
Ha! This moron thinks government spending is the key to economic growth. He’s a complete economic moron.
Hehehe
In other words, the same old, same old again.
Cause you can fool some of the people all of the time.
New Deal 3.0.....as if New Deal 1.0 and New Deal 2.0 actually
worked.
Bring on the alphabet agencies.
New Deal 3.0.....as if New Deal 1.0 and New Deal 2.0 actually
worked.
Bring on the alphabet agencies.
New Deal 3.0.....as if New Deal 1.0 and New Deal 2.0 actually
worked.
Bring on the alphabet agencies.
This Producer has been in ‘slow roll’ mode for the past 5 years (2007 since Charlie Rangel became Chairman of House Ways and Means). There are no ‘green shoots’ out here.
A growth on the economy...?
Besides the obvious spend, spend, spend....he will put some dangerous ‘feelers’ out there:
To protect people from the evil banks, he will announce a committee to provide ‘oversight’ for 401k accounts.
He will push to tax more of the income (and wealth) of people who flee this nation’s tax rates.
He will demand funding to implement Obamacare [btw the big lie that Obamacare would cost nothing - very, very easy for Obama to make. From here till the end of time, rats will demand more taxes for Obamacare, and tell the sheeple that we need death panels, because the rich don’t want to pay more.]
Of course there will be somebody present with a connection to Sandy Hook. I bet they had somebody from Aurora all lined up...and that person got bumped, since we now have a ‘better’ tragedy. He will use this person as a prop to push gun control....and then the camera will pan to Gabby Giffords.
Then he will establish his patriotism by demanding that the evil GOP stop sequestration, by raising taxes.
The speech will intentionally be givenb at a 5th grade level, and he will directly be speaking to the sheeple’s inner 5th grader. Sally has more stuff and she needs to share it. Period.
And if some Boy Scouts bring in the colors, some idiot will jeer them for not accepting NAMBLA’s principles...yet.
I hear you. I finished my last land devleopment project in 2007 and haven’t started another.
I’m 80% Galt and loving it.
I hope he gets lots of belly laughs by the republicans!
Is this a repeat of his 2008 campaign speech?
Is anyone stupid enough to waste time listening to his BS?
Obama will lie again.
Everyone gets a certificate of participation.
2) Invest in roads
Without gas to drive on them.
3) Invest in green technology
Launder greenbacks to the Bolshies.
4) Punish everyone who works hard and is successful.
Have no fear unions.
For every "fair share", "fair shot" and "play by the rules" a Republican should walk out. It will be a retread of tired cliches without meaning, signifying nothing.
Of course not, he will change the wording slightly and add a lot more I's and me's this time.
It’ll be a growth all right, but death by cancer isn’t high on my list.
IOW, the same old sh*t that has failed consistently every single time.
I’ll be watcing the dogs of Westminster rather than The Mutt.....
GDP contracted .1% in the 4th quarter last year. That is just the start.
Government spending does not raise the GDP one bit. nobama can continue spending money he doesn’t have but it’s a dead end street.
What was that Margaret Thatcher said? “Socialism works great until you run out of other people’s money.” IMHO, that day is fast approaching.
Borrow, tax and spend... no surprise there.
YESSSSS!!!!!!!!!!!!!!! This year will really enjoy it!!!
Chairman Zero has never HAD sight of the economic woes of middle-class Americans. More propaganda from al-Reuters.
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