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State of the Union – Enhanced

Some of my favorite passages from the State of the Union:

On the deficit: But we can’t ask senior citizens and working families to shoulder the entire burden of deficit reduction while asking nothing more from the wealthiest and the most powerful. We won’t grow the middle class simply by shifting the cost of health care or college onto families that are already struggling, or by forcing communities to lay off more teachers and more cops and more firefighters. Most Americans — Democrats, Republicans, and independents — understand that we can’t just cut our way to prosperity. They know that broad-based economic growth requires a balanced approach to deficit reduction, with spending cuts and revenue, and with everybody doing their fair share. And that’s the approach I offer tonight. On Medicare, I’m prepared to enact reforms that will achieve the same amount of health care savings by the beginning of the next decade as the reforms proposed by the bipartisan Simpson-Bowles commission.

On manufacturing: So tonight, I’m announcing the launch of three more of these manufacturing hubs, where businesses will partner with the Department of Defense and Energy to turn regions left behind by globalization into global centers of high-tech jobs. And I ask this Congress to help create a network of 15 of these hubs and guarantee that the next revolution in manufacturing is made right here in America. We can get that done.

On energy: In fact, much of our new-found energy is drawn from lands and waters that we, the public, own together. So tonight, I propose we use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good. If a nonpartisan coalition of CEOs and retired generals and admirals can get behind this idea, then so can we. Let’s take their advice and free our families and businesses from the painful spikes in gas prices we’ve put up with for far too long.

On Immigration – Real reform means strong border security, and we can build on the progress my administration has already made — putting more boots on the Southern border than at any time in our history and reducing illegal crossings to their lowest levels in 40 years. Real reform means establishing a responsible pathway to earned citizenship — a path that includes passing a background check, paying taxes and a meaningful penalty, learning English, and going to the back of the line behind the folks trying to come here legally.

On education: Every dollar we invest in high-quality early childhood education can save more than seven dollars later on — by boosting graduation rates, reducing teen pregnancy, even reducing violent crime. In states that make it a priority to educate our youngest children, like Georgia or Oklahoma, studies show students grow up more likely to read and do math at grade level, graduate high school, hold a job, form more stable families of their own. We know this works. So let’s do what works and make sure none of our children start the race of life already behind. Let’s give our kids that chance.

All in all, I thought it was a very good, very solid state of the union.

By |2013-02-13T20:26:55-04:00February 13th, 2013|Economy, Education, Energy, Obama administration|Comments Off on State of the Union – Enhanced

Grab Bag – Wednesday morning

What’s happening in the world?

  • Looks like we’re headed for a government shutdown. I have my fingers crossed that the Democrats have their messaging down pat because the GOP may have just handed the White House, the Senate and the House to the Dems. I’m lovin’ 2012!!!
  • Debbie Wasserman Schultz has been tapped to be DNC chair. A little disappointing, as I think she was a fabulous representative. Tim Kane is leaving the DNC chair spot to run for Senate.
  • Paul Ryan’s budget plan is asking the poor to shepherd the majority of the burden of balancing the budget.
  • In case you’re wondering, this is what a government shutdown looks like.
  • Ezra Klein has broken down the Congressional Budget Office’s assessment of Paul Ryan’s budget. It is exactly as we expected. The restructuring of Medicare will cost the elderly more money.
  • Freshman representative Jeff Landry is making me nauseated as he fawns over big oil CEOs.
  • Robert Reich is right again.
  • A retired oil executive has purchased the first Chevy Volt in Western North Carolina. That’s pretty cool.
  • A woman who appears to be mentally unstable has attacked a Paul Gauguin painting at the National Museum.
By |2011-04-06T06:55:33-04:00April 6th, 2011|Budget, Economy, Party Politics|Comments Off on Grab Bag – Wednesday morning

Robin Hood was not a Republican (Update x 2)

Sometimes it helps to state the obvious. Remember that dude from lore, Robin Hood? He took from the rich and gave to the poor. He was loved by the masses. Well, today, in America, we have the reverse. We have folks taking from the masses and giving that money to the rich.

From EPI:

So, we have the tax cuts which were passed last December. They weren’t paid for. We simply took money our of the government’s accounts and gave the money to the top 1 – 2% in America. Now. that’s really cool. And to make matters worse the Republicans don’t think that giving money to the rich is bad policy. They want to double down on that policy by making it harder to be poor in this country. They want to cut services (which disproportionately benefit the poor) by billions of dollars.

Update: the attack on middle-class America should be obvious to anyone making less than $250,000 a year. Republicans have said very clearly that the reason that you are stuck in the middle class and sliding quickly into the lower class is because that you’re lazy. You simply aren’t working hard enough. This is the take-home message. Republicans are stated they want to reward those who are “working hard” which seems to be the large corporations and CEOs. Just look at the news lately, GE and Exxon Mobil, two large multinational corporations with billions of dollars in profits, are paying nothing in taxes this year. Exxon Mobil’s gross profit, according to MorningStar, is well over $100 billion for 2010. General Electric’s gross profit, again, according to MorningStar, is just under $81 billion. The fact that these two corporate giants are paying zero in federal taxes is obscene.

This is the system that we have designed. We, the American people, have signed onto tax cuts for the rich and a lump of coal for the poor. We, through our representatives, have designed a tax system that is so complex and riddled with so many loopholes that multibillion dollar corporations campaign nothing in federal taxes and it can be legal.

The middle class feels that they’re drowning in debt and taxes because their wages are stagnant. There’s no extra money. There is no savings. We need to make our system work for us. It used to work for us. We need to make it work for middle-class America, working America, again.

Update 2: Did you see this freshman congressman complaining that he is having trouble getting by on $174,000/year? I’m having trouble typing this because I’m crying for this poor freshman Congressman. The average American family is taking home approximate $42,000 per year. He is making four times what the average American is making and he is complaining about it. C&L has more.

By |2011-03-31T05:53:34-04:00March 31st, 2011|Budget, Economy, Taxes|Comments Off on Robin Hood was not a Republican (Update x 2)
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