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 sectorwhich received billions of dollars in stimulus fundingand 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 ...
That’s about the size of it.
I knew that Obama would be too radical Leftist to move to the center lol.
What a nimrod.
Ever since Roosevelt was elected, Democrats have had one tool and one tool only in their tool box - spend other people’s money. Any problem is a nail, and their hammer is spend other people’s money.
For almost a century they’ve gotten away with attacking every problem they’ve been faced with by spending other people’s money, so when Obama is faced with a problem one shouldn’t be surprised that he reaches for the only tool he knows: spending other people’s money.
What they haven’t realized is that those people no longer have any money for them to spend - but the people do (or are at least starting to) realize that.
“That should be dead on arrival.”
It is. The Tea Party people in the House of two goals: 1) Balance the Budget; 2) Get back home to a normal life.
No matter how much the Dems try to convince us that all politicians are the same - this tea party crowd is NOT.
It is called writing a new chapter in American history: Chapter 13. =.=
Attach a complete repeal of Obamacare to all legislation concerning the debt ceiling or the budget...
Dump the whole smelly pile right into their laps...
No, Zimbabwe is too low of a target. He’s shooting for North Korea.
dunham should spend $10 on releasing his birth certificate from kenya.
This guy is the embodiment of a liberal socialist!
It may be time to invoke section 4 of the 25th Amendment:
"Whenever the Vice President and a majority of either the principal officers of the executive departments or of such other body as Congress may by law provide, transmits to the President pro tempore of the Senate and the Speaker of the House of Representatives their written declaration that the President is unable to discharge the powers and duties of his office, the Vice President shall immediately assume the powers and duties of the office as Acting President."
The House controls the purse strings. It is TIIME TO DEFUND ALL OF HIS SOCIALIST AGENDA!!! Right now. Today.
Yea, but then we’d have Biden as President and that boy is nuttier than a squirrel turd.
Funny how he always wants to “cut” the deficit by spending even more money on his favored three items.
Then you do it one more time and Boehner becomes President.
48 hours.
That's all we need. :-)
Not to worry the Fed has changed it’s accounting rules and will be able to help him finish blowing us up.
“Creative Accounting” Makes Fed Insolvency Impossible
http://www.zerohedge.com/article/accounting-gimmick-makes-fed-insolvency-impossible
Accounting Tweak Could Save Fed From Losses
http://www.cnbc.com/id/41198789
:’(
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