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The president will try to add clarity in his speech, White House aides said. He will call for a freeze on federal discretionary spending, tax relief targeting middle-income Americans, regulating the financial-services industry and remaking the nation’s immigration laws.

He may also help provide a way to move forward with the signature issue of his first year, an overhaul of the health- care system, which represents about 17 percent of the economy.

The Presidents’ ‘freeze’ proposal is a mere $250 billion over ten years. Over that much time there is little chance POLS won’t find a way to end it and continue to borrow, increase deficits and national debt.

If the President succeeds in providing a middle-class tax cut and passing health related legislation the two will cancel each other out at best. And at worst the tax cut will be outpaced by increased health care taxes and costs that it won’t matter.

With other financial matters as well as immigration it is clear the Obamanation agenda will not change. In keeping with his campaign mode style and community organizing tactics this state of the union message will be more of the same. Proving once again there is no hope and there will be no change from the White House with the current US President.

President Barack Obama will propose extending through 2010 a temporary tax incentive that encourages businesses to accelerate purchases of equipment, an administration official said.

Certainly lowering taxes is a good thing. But tax incentives can be as problematic as any other tax situation. Dangle a carrot that rewards participants with tax breaks to do the government’s bidding. That’s not a good idea. Just reduce taxes for everyone. That’s a job creator and boost for the economy.

President Barack Obama will give $8 billion in economic stimulus money to 13 U.S. rail corridors tomorrow, mostly for high-speed passenger service, an administration official said.

Yup, don’t forget to put pork in your state of the union speech Mr President. High speed rail is nothing more than another earmark and pork barrel spending and a misuse of taxpayer funds. If high speed rail is such a good idea, how come it hasn’t happened yet in the private sector and won’t happen without misusing taxpayer money?

No hope, no change, nothing new, just more campaigning from a President whose failed agenda has been seen for what it is even by those who voted for him. And he has had plenty of help advancing his failed agenda from liberal POLS and RINOs in Congress.

Stanford Matthews
MoreWhat.com

This entry was posted on Thursday, January 28th, 2010 at 12:00 am and is filed under Public Affairs, Money Matters, wordpress, Politics, campaign, Democrats, liberal, News Media, lobbyist, obama, Opinion, Pelosi, Reid. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.