The Missing Elephant In The Speech
President Obama wants more, but where will it come from?
Despite his promise to make sure any “additional proposals that are fully paid” and that he wanted only “smarter government” his proposals all consisted of new expansions of government and new spending. A new energy fund! Universal pre-school! More college loans! Redesigned high schools! Manufacturing hubs!Good question...
There was nothing he wanted to cut, eliminate or send to the states. Moreover, you have to wonder why he is still pushing for tax hikes if his programs are all paid for. (Or are more taxes needed to pay for the new spending?) If he’s not adding to the debt why do his own budgets see the debt balloon in the next decade?