Friday, January 28, 2011

A Translation of Obama's SOTU

By Harvard's Jeffrey Miron:
1. More investment in techonology = bigger handouts to the green lobby.
2. More investment in education = bigger handouts to teachers.

3. More investment in infrastructure = bigger handouts to construction unions.


  1. 4. Extension of Bush Tax Cuts = bigger handouts to the rich? ;-)

  2. Don't expect teachers get that much money... Historically, it mostly goes to union leaders, administrators and building funds (back to construction lobbies).

  3. How does not stealing from people considered a handout? Did you go to public school?

  4. 1. More investment in technology = more government control of technology.

    2. More investment in education = more government control of education.

    3. More investment in infrastructure = more government control of infrastructure.

  5. It's like a slaveowner in 1860 Georgia explaining to his black slave that he would allow him to keep the cotton he picked but he couldn't because that would be a handout. There are a lot of feeble-minded people out there who actually believe that tax-cuts are handouts...A Lot!

  6. Seems to me that whether you are liberal or conservative you should be able to comprehend that 14,000,000,000,000 in debt with a projected additional 1,000,000,000,000 each year into the future is a recipe for total financial collapse.

    Why can't the president comprehend it? He proposes to freeze spending at current levels, with no cuts. We need an immediate, across the board, 20% cut in the government spending, with more to follow until the deficit is manageable. It appears our president is either insane, incompetent, or wants to destroy the US dollar and the American dream. Sarah Palin got it right: The President is clueless and his SOTU speech was in fact a WTF moment.