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Low Expectations for State of the Union

President Obama just about to deliver his Janu...

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I don’t have any great expectations for the State of the Union address tomorrow night.
Paul Krugman has been critical of the signalling coming out of the White House:
The Competition Myth

Robert Reich has a blog summarizing how our country got to it’s current state and what the president should do about it:
The State of the Union: What the Presideny Should Say

There’s much truth in what both of these economists say.

But Obama has spent much of his time trying to appease business interests and surrounding himself with the movers and shakers from the very corporate enclave that helped create our current economy.

It’s not clear exactly what helpful policies will be allowed to see sunlight in a setting in which the president is bending over backwards to satisfy big business.

-Chris

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January 24, 2011 - Posted by | Deficit, Democrats, Economics, Obama, Politics, Republicans | , , , , , , ,

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