Free Markets, Free People

SOTU–same stuff, different year

It appears that much of it was mailed it in:



There is more of course.  Some of what he said is pure fiction.  Some is incredibly spun.  Some of its just flat not true.  Especially about energy.

I’ll cover it in another post.


Twitter: @McQandO

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3 Responses to SOTU–same stuff, different year

  • I was kinda hoping for a change last night – I’d hoped he’d gotten wee wee’d up enough with all of us blockin his idea of progress that he’d take the opportunity to resign and turn us over to Bozo Joe.

    He disappoints me, yet again. Quelle surprise.

  • * I was disappointed, but not surprised, that he repeated the economically foolish assertion that Warren Buffett pays a lower tax rate than his secretary.
    * I also was not surprised that he didn’t say much about jobs and the economy. These four charts show he doesn’t have much to brag about.
    * It was also noteworthy that he didn’t spend much time talking about Obamacare, which suggests that White House pollsters understand that government-run healthcare isn’t very popular.
    * It was equally revealing that he didn’t spend much time on the so-called income inequality issue. Redistribution was implicit in what he said, to be sure, but the Occupy-Wall-Street crowd is probably disappointed that he didn’t explicitly embrace their agenda. More evidence that the pollsters played a big role in this speech.
    * I’m definitely not surprised that he talked about eliminating Osama bin Laden. Kudos to the Commander-in-Chief.
    * I was amazed that he had the gall to say “no bailouts,” particularly given his support for TARP, the Dodd-Frank bailout bill, and the giveaway to GM and the auto unions. And if the GM bailout is supposed to be a success, I’d hate to see his definition of failure.
    * And I was stunned that he could talk about the housing meltdown and mortgage crisis without mentioning the Federal Reserve, Fannie Mae, or Freddie Mac. Sort of like analyzing World War II and pretending Germany and Japan didn’t exist.