Does Obama think we're stupid? The answer is obviously yes. After a historic election that repudiated most of his policies he is going to propose in his state of the union address more spending. Of course he can't call it "spending" or "stimulus" because those terms are already discredited.
So it becomes "investment." Tell me, what "investment" has the gov't ever made that produced profit?
So it becomes "investment." Tell me, what "investment" has the gov't ever made that produced profit?
Obama's economic agenda: Boost US competitiveness - Yahoo! NewsPerhaps the clearest came in an overlooked speech in North Carolina last month, one that will likely serve as a template of what the nation is about to hear. Obama said then that making the U.S. more competitive means investing in a more educated work force, committing more to research and technology, and improving everything from highways and airports to high-speed Internet.