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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: Sub-Driver

“Targeted” investments? So much for civility..(/sarc)


81 posted on 01/22/2011 9:30:56 AM PST by prairiebreeze ( Hooray for the Red, White and Blue!)
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To: Sub-Driver

The Thug-in-Chief is a tone-deaf pos marxist muslim homo traitor who belongs in prison.


82 posted on 01/22/2011 10:01:05 AM PST by thethirddegree
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To: Sub-Driver

Thus Just In: Dog Bites Man


83 posted on 01/22/2011 10:05:12 AM PST by The Pack Knight (Laugh, and the world laughs with you. Weep, and the world laughs at you.)
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To: Sub-Driver

Puppet reading off what is prepared for him. Attempted cover-up for Bailout #2.


84 posted on 01/22/2011 10:13:43 AM PST by Varsity Flight
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To: Sub-Driver

You’re wrong. He gets it. He knows exactly what he’s doing and he is doing it (unfortunately) all too well. Him and his communist controllers are tearing this country down at a rate that simply astounds me. It is the vast amount of American people who don’t get it.


85 posted on 01/22/2011 10:25:38 AM PST by Graneros ("The difference between genius and stupidity is; genius has its limits." — Albert Einstein)
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To: LibLieSlayer

“...it will be the end of all of this bullshit “moving to the center” crap... and krauthammer’s head will explode...”

Obama “moving to the center” would be like the communist Chinese dictator Hu moving to a constitutional republic. Anyone trying to peddle this snake oil, should be banned from conservative talk shows, for life!

Obama’s political theory is more akin to Hu’s. But, at least for now, our Constitution prohibits him from being all he wants to be. Moreover, I am confident he works diligently to find a work-around. Executive orders are just one tool available to him.

Then, he has the three stooges at his side. Pelosi, Reid, and McCain. They will protect him, do his bidding, and provide him with a comfort zone. So, he’s likely somewhat confident his ultimate goal, to destroy our constitutional republic, can still be met. Beginning with bankruptcy, ending in total chaos.


86 posted on 01/22/2011 10:32:15 AM PST by takenoprisoner (Repeal the 16th amendment . Send Islam packing to their homeland.)
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To: Sub-Driver

87 posted on 01/22/2011 10:44:45 AM PST by RobinMasters
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To: Sub-Driver
President Barack Obama will call for new government spending on infrastructure, education and research

This is what he said in 2010:

"One year ago, I took office amid two wars, an economy rocked by a severe recession, a financial system on the verge of collapse, and a government deeply in debt. Experts from across the political spectrum warned that if we did not act, we might face a second depression. So we acted -- immediately and aggressively. And one year later, the worst of the storm has passed.

<snip>

Because of the steps we took, there are about two million Americans working right now who would otherwise be unemployed. (Applause.) Two hundred thousand work in construction and clean energy; 300,000 are teachers and other education workers. Tens of thousands are cops, firefighters, correctional officers, first responders. (Applause.) And we're on track to add another one and a half million jobs to this total by the end of the year.But the devastation remains. One in 10 Americans still cannot find work. Many businesses have shuttered. Home values have declined. Small towns and rural communities have been hit especially hard. And for those who'd already known poverty, life has become that much harder."

<snip>

Next, we can put Americans to work today building the infrastructure of tomorrow. (Applause.) From the first railroads to the Interstate Highway System, our nation has always been built to compete. There's no reason Europe or China should have the fastest trains, or the new factories that manufacture clean energy products.

Tomorrow, I'll visit Tampa, Florida, where workers will soon break ground on a new high-speed railroad funded by the Recovery Act. (Applause.) There are projects like that all across this country that will create jobs and help move our nation's goods, services, and information. (Applause.)

We should put more Americans to work building clean energy facilities -- (applause) -- and give rebates to Americans who make their homes more energy-efficient, which supports clean energy jobs. (Applause.) And to encourage these and other businesses to stay within our borders, it is time to finally slash the tax breaks for companies that ship our jobs overseas, and give those tax breaks to companies that create jobs right here in the United States of America. (Applause.)

Meet the old boss, same as the old boss.

BTW, how's that old Evergreen Solar working out for you?

Cheers!

88 posted on 01/22/2011 11:32:09 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Sub-Driver

he is insane ..


89 posted on 01/22/2011 11:42:18 AM PST by Munz (All tyranny needs to gain a foothold is for people of good conscience to remain silent.)
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To: Sub-Driver

Oh get off this “clean energy” crap . . . besides the hoax it is, it wouldn’t generate enough jobs to make a dent in the unemployment rate in the first place

What a loser


90 posted on 01/22/2011 1:34:22 PM PST by A_Former_Democrat (The Rodney King Riots: Courtesy of ABC, CBS, NBC & CNN)
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To: screaminsunshine
It`s kind of a catch 22 IMHO, we do not want people to suffer, but if he starts doing things right, we will end up with 4 more years of him, and possibly a good chance that he would be able to replace a Conservative Justice on the High Court.

So in a twisted way, we have to hope that he does the wrong thing so that the Country can still be saved in 2013 by Sarah Palin.

91 posted on 01/22/2011 1:48:40 PM PST by Friendofgeorge (Sarah Palin 2012 or bust)
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To: Sub-Driver

Yo, BO! We won. You LOST. Siddown and shaddap!


92 posted on 01/22/2011 2:24:22 PM PST by HKMk23 (WANT DIFFERENT? VOTE DIFFERENT!)
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To: Sub-Driver
Oh, he gets it alright...but doing what is right for America, goes against his (and his Puppet Masters) entire agenda...

93 posted on 01/22/2011 2:25:59 PM PST by Lucky9teen (Jobs? Nope! Economy? Nope! Disarm the U.S? Yep! Impeach the treasonous Marxist Muslim usurper bast)
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To: Sub-Driver

Also breaking news: The Pacific Ocean is REALLY big, and full of lots of fish! News at 11!!

D’oh. OTP OTP OTP OTP OTP

Our country can’t handle what he’s doing to it *now* much less ANOTHER 4 years! God, watch over us!


94 posted on 01/22/2011 3:12:37 PM PST by pillut48 (Israel doesn't have a friend in President Obama...and neither does the USA! (h/t pgkdan))
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To: LibLieSlayer

Spot on.


95 posted on 01/22/2011 3:12:55 PM PST by TXConservative25
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To: Lazamataz

He is Tripling down!


96 posted on 01/22/2011 3:14:56 PM PST by Boardwalk
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To: FReepers; All
We need yellow! Donate! Donate! Donate!

The Place for Conservatives
Let's git r done! WooHoo!!


97 posted on 01/22/2011 3:32:02 PM PST by RedMDer (restoration of our honor, dignity, and freedoms will save America. - Sarah Palin)
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To: Sub-Driver

Here’s a theory:

All new spending is essentially financed by China. Maybe Obama is so smart that he’s recognized we’ve essentially ceded our sovreignity to China through borrowing. To fix this problem instead of trying to pay it off, he’s trying to spend China into oblivion.

After all, when you owe the bank some money the bank owns you...but when you owe the bank a TON of money, you own the bank.


98 posted on 01/22/2011 4:14:14 PM PST by Personal Responsibility (The more the plans fail the more the planners plan - Ronald Reagan)
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To: LibFreeOrDie
"a “green” solar company that got $58,000,000 in taxpayer money closed its factory in MA and moved 800 jobs to China.

They should either give the money back, or do some HARD TIME. Issue a warrant for their arrest if they ever return. Enough of this assraping of the taxpayers and getting rescued by bailouts and golden parachutes. Enough already!

99 posted on 01/22/2011 6:42:13 PM PST by Soothesayer9
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To: Graneros

You’re wrong. He gets it. He knows exactly what he’s doing and he is doing it (unfortunately) all too well.

Correct, but it's of course much deeper than Barack Obama. These people are NOT dumb. The process is to keep the rich powerful and the less rich oppressed, using guilt, deceit, extortion, the media.

Interestingly enough it is going to be the movement that questions Barack Obama's credentials (stereotyped as "birthers" by the strategists) which is ultimately going to reveal how much Americans are manipulated by a "conspiratorial" cabal.

100 posted on 01/22/2011 10:08:54 PM PST by jnsun (The Left: the need to manipulate others because of nothing productive to offer.)
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