“People are hurting, they need our help!” – NO! What people need is for the government to stop messing with every stinking thing in our lives. Our government has caused most of this hurt, and they want to help by intervening even more, what the heck!
“China’s not waiting to revamp its economy” – China is run by a communist undemocratic government. I don’t really want to follow their path.
“A new generation of safe, clean, nuclear energy facilities. Opening certain areas to oil and gas exploration.” – Amen! Now lets remove some of the government imposed restrictions that mean no new nuclear reactors have been built in 30 years.
Earmark Reform – All earmarks to be posted online – Awesome! Now we need to make sure congress actually does it, and that they post it more than an hour before the vote.
“We will double our exports over the next 5 years. This will create 2,000,000 jobs.” – I’m sorry this is a ridiculous statement and goal. First off, who’s going to buy it? The rest of the world is suffering as much, if not more than we are. They don’t want to buy our expensive products. Also, we are already #3 in the world for exporters, so its not like we aren’t already doing a whole lot of it. As to the number of jobs, you’re saying it takes $1,000,000 of exports to create one job?
“Our [healthcare] reforms will bring down the deficit by 1 trillion over the next two decades. ” – Really two decades to get 1 trillion in savings? We spend $750 billion a year on Medicare alone, so his grand idea is to save about 5% a year (I’m assuming growth in spending)? I really think we can do better than that.
“I took on health care, because of the stories I’ve heard.” – Stories are a dime a dozen, lets look at the facts and not all the emotions that surround this important subject. The government controls about 50% of medical spending this country, where has that gotten us? In business, a company that controls 50% of its market has huge control over that market. The government and structure of the medical industry are the main reasons why we have a problem in this country.
“We had a $1 trillion deficit before I walked in the door” – This is a very, very misleading statement. That trillion consisted largely of TARP funding, which was not spending, but a short term investment. As was planned, most has been returned. Now they want to actually spend it.
“We are going to identify $20 billion in savings for next year.” – Again, I’m sorry but this is another ridiculous statement, he’s actually talking about saving less than 1% of the budget? We are currently financing 40% of the government spending, 1% is nothing, I think he was just hoping the word billion would make people think it was a lot.
The general theme = Intervention! Intervention! Intervention! (child care tax credits, green energy subsidies, Health Care Reform, small business loan fund, increased college tax credit, limit on student loan payments, jobs bill, climate change bill, export program, etc.)
You know what, we are now ranked behind Canada as the 8th most economically free country in the world. We are no longer considered “Free” but “Partially Free” by the Heritage Foundation’s recent study. I don’t like this direction.
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President’s State of the Union – Commentary
Quotes from the President
“People are hurting, they need our help!” – NO! What people need is for the government to stop messing with every stinking thing in our lives. Our government has caused most of this hurt, and they want to help by intervening even more, what the heck!
“China’s not waiting to revamp its economy” – China is run by a communist undemocratic government. I don’t really want to follow their path.
“A new generation of safe, clean, nuclear energy facilities. Opening certain areas to oil and gas exploration.” – Amen! Now lets remove some of the government imposed restrictions that mean no new nuclear reactors have been built in 30 years.
Earmark Reform – All earmarks to be posted online – Awesome! Now we need to make sure congress actually does it, and that they post it more than an hour before the vote.
“We will double our exports over the next 5 years. This will create 2,000,000 jobs.” – I’m sorry this is a ridiculous statement and goal. First off, who’s going to buy it? The rest of the world is suffering as much, if not more than we are. They don’t want to buy our expensive products. Also, we are already #3 in the world for exporters, so its not like we aren’t already doing a whole lot of it. As to the number of jobs, you’re saying it takes $1,000,000 of exports to create one job?
“Our [healthcare] reforms will bring down the deficit by 1 trillion over the next two decades. ” – Really two decades to get 1 trillion in savings? We spend $750 billion a year on Medicare alone, so his grand idea is to save about 5% a year (I’m assuming growth in spending)? I really think we can do better than that.
“I took on health care, because of the stories I’ve heard.” – Stories are a dime a dozen, lets look at the facts and not all the emotions that surround this important subject. The government controls about 50% of medical spending this country, where has that gotten us? In business, a company that controls 50% of its market has huge control over that market. The government and structure of the medical industry are the main reasons why we have a problem in this country.
“We had a $1 trillion deficit before I walked in the door” – This is a very, very misleading statement. That trillion consisted largely of TARP funding, which was not spending, but a short term investment. As was planned, most has been returned. Now they want to actually spend it.
“We are going to identify $20 billion in savings for next year.” – Again, I’m sorry but this is another ridiculous statement, he’s actually talking about saving less than 1% of the budget? We are currently financing 40% of the government spending, 1% is nothing, I think he was just hoping the word billion would make people think it was a lot.
The general theme = Intervention! Intervention! Intervention! (child care tax credits, green energy subsidies, Health Care Reform, small business loan fund, increased college tax credit, limit on student loan payments, jobs bill, climate change bill, export program, etc.)
You know what, we are now ranked behind Canada as the 8th most economically free country in the world. We are no longer considered “Free” but “Partially Free” by the Heritage Foundation’s recent study. I don’t like this direction.
Tags: Commentary, Obama, State of the Union
This entry was posted on Wednesday, January 27th, 2010 at 10:15 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.