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Obama to Push New Spending
Wall Street Journal ^

Posted on 01/21/2011 4:58:43 PM PST by Sub-Driver

Obama to Push New Spending State of Union Speech to Call for Boosting 'Competitiveness' While Nodding to Need for Budget Cuts

President Barack Obama will call for new government spending on infrastructure, education and research in his State of the Union address Tuesday, sharpening his response to Republicans in Congress who are demanding deep budget cuts, people familiar with the speech said.

Mr. Obama will argue that the U.S., even while trying to reduce its budget deficit, must make targeted investments to foster job growth and boost U.S. competitiveness in the world economy. The new spending could initiatives aimed at building the renewable-energy sector—which received billions of dollars in stimulus funding—and rebuilding roads to improve transportation, people familiar with the matter said. Money to restructure the No Child Left Behind law's testing mandates and institute more competitive grants also could be included.

In arguing that U.S. competitiveness is at stake, Mr. Obama plans to use his nationally televised speech to try to frame the spending debate with Republicans that is expected to dominate Congress in the coming months. "We seek to do everything we can to spur hiring and ensure our nation can compete with anybody on the planet," Mr. Obama said Friday after touring a General Electric Co. plant in Schenectady, N.Y. He cited clean-energy manufacturing, infrastructure and education as keys to competitiveness.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: budget; obama; spending
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To: oiler
What ever happened to the stimulus/QE money?"

Apparently down the Zer0/SEIU/'Rat rAbbit-hole.

21 posted on 01/21/2011 6:27:31 PM PST by Paladin2
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To: Sub-Driver
infrastructure, education and research Unions, unions and unions. Democrats too. Funny how the party of government always wants more of it.
22 posted on 01/21/2011 6:28:10 PM PST by PghBaldy (Like the Ft Hood Killer, James Earl Ray was just stressed when he killed MLK Jr.)
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To: Sub-Driver

Hey, he read the book ... OPM! That is ‘Other People’s Money’.

He loves spending OPM, cause we have soooooooo much of it.

I truely wish someone would wake-up in Washington.


23 posted on 01/21/2011 6:32:59 PM PST by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: Qbert
Thanks for the ping on that.

I think Axelrod found a magic combination years ago, and Obama uses it as some sort of incantation now. You name a problem -- any problem -- and it can be solved by spending on infrastructure, education, and green technology. I guess they think people respond to this. It's their swiss army knife.

24 posted on 01/21/2011 6:42:06 PM PST by ClearCase_guy
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To: screaminsunshine

Obama Sucks. He is a complete disaster. He will be gone in two years. He can not succeed. We just have to survive him.


The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the presidency. It will be easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to an electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails us. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The republic can survive a Barack Obama It is less likely to survive a multitude of fools such as those who made him their president.” — Author Unknown


25 posted on 01/21/2011 7:57:45 PM PST by unkus
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To: Sub-Driver

He intends to bankrupt this Nation.


26 posted on 01/21/2011 8:02:44 PM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: Sub-Driver

“Targeted Investments” —> cronyism; political favors and payback; waste of good taxpayer money; failed “industrial policy.” Keep the money in the private sector and let it most efficiently allocate it to where it needs to go.


27 posted on 01/21/2011 8:08:37 PM PST by ProtectOurFreedom
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To: Sub-Driver

We can spend more money WHILE cutting the budget.

It’s so easy. :)


28 posted on 01/21/2011 9:21:22 PM PST by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Sub-Driver

So it will be a campaign speech? I am so shocked. Will the GOP and dems be wearing t-shirts found on their seats?


29 posted on 01/21/2011 10:17:13 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: EverOnward

We are screwed :(


30 posted on 01/21/2011 10:23:06 PM PST by MNDude
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To: Sub-Driver
President Barack Obama will call for new government spending on infrastructure, education and research in his State of the Union address Tuesday

This is insanity!

31 posted on 01/21/2011 10:23:13 PM PST by nutmeg (The 111th Congress: Worst. Congress. Ever.)
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To: LibFreeOrDie

The climate change scammers also shut down a GE plant in Winchester, VA, sending those jobs over to China as well.

****

Light bulb factory closes; End of era for U.S. means more jobs overseas

http://www.washingtonpost.com/wp-dyn/content/article/2010/09/07/AR2010090706933.html


32 posted on 01/21/2011 10:30:00 PM PST by Nickname
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To: Sub-Driver

I guess that’s the end of his numbers going up.


33 posted on 01/21/2011 10:33:05 PM PST by Let's Roll (Save the world's best healthcare - DEFUND Obamacare!)
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To: Sub-Driver

I guess that’s the end of his numbers going up.


34 posted on 01/21/2011 10:33:35 PM PST by Let's Roll (Save the world's best healthcare - DEFUND Obamacare!)
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To: Sub-Driver

I am a hispanic male that moved from Kentucky to NC and now to Wyoming for a decent job that is sick of Obama’s spending.


35 posted on 01/21/2011 10:43:18 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: Sub-Driver

Good luck with that Obambi. What part of “flat assed broke” is not sinking in?


36 posted on 01/21/2011 10:44:37 PM PST by DaxtonBrown (HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
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To: Mygirlsmom
Trouble is, he wants to compete with Zimbabwe

Yeah......

Swedish taxes on Ethiopian wages.

37 posted on 01/21/2011 10:59:30 PM PST by spokeshave (Issa is a self-made man. He was in the military doing bomb disposal, must be pretty fearless.)
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To: Mygirlsmom

Kenyan’s are strange that way.


38 posted on 01/21/2011 11:01:21 PM PST by eyedigress ((Old storm chaser from the west)?)
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To: EverOnward

While we have overspent for decades, it should be pointed out that the national debt when Bush took over was about $5.5 trillion. When he left it was around $9.65 trillion. Today it’s about $14.25 trillion.

We are very close to tripling the debt our nation owed just ten years ago today.

For heaven’s sake, they need to quit spending us into oblivion. Sadly, I think they know exactly what they are doing. By design they have spent us to the point that we cannot continue to be the global watch-dog.

By God, if we surrender on the issue of a strong defense, China will fill the void, and then heaven help everyone.


39 posted on 01/21/2011 11:13:59 PM PST by DoughtyOne (All hail the Kenyan Prince Obama, Lord of the Skid-mark, constantly soiling himself and our nation.)
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To: EverOnward

We have forgiven so many countries debt. We should ask the countries we owe to forgive our debt or just tell them that we won’t pay. I wonder what would happen.


40 posted on 01/21/2011 11:36:43 PM PST by napscoordinator
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