A state of the union address the president is unlikely to give
Source: CBC News
By Neil Macdonald
My fellow Americans: These speeches are traditionally a time for your president to lay out his vision for the year to come. But let's face it: I'm a lame duck, and you Republicans now control both houses of this great Congress. So this is sort of pointless.
I was, for example, going to use this speech to suggest we give ordinary Americans a bit of a tax break.
... But as I look out at this Congress, I realize I might as well yell those and any other ideas I have right into the Oval Office toilet. I do, though, want to make this point: The state of our union is pretty good right now, especially compared to everybody else's. Our deficit is a trillion dollars less than it was six years ago. That's almost incomprehensibly good. Our economy is creating about a quarter of a million jobs a month. Our unemployment rate is 5.6 per cent.
... But I do have one bit of serious advice for you Republican folks as you take over Congress. I know you think Wall Street knows best what's good for America. I know that's why you've been letting their lobbyists start to gut Dodd-Frank, our rather mild attempt at reining in the industry that nearly ruined the world back in 2008. I see the things you've been sneaking into the bills you send me to sign.
But let me tell you what their business model is: privatize profit, socialize loss. If we let them go back to their pump-and-dump schemes, they'll do it. They are the one per cent, and they want to own everything, and they don't care how they get it. And if they screw it up we'll be forced to step in and use taxpayers' money again to rescue them, the way the last Republican president did. You want that again? That, um, socialism?
Read more: http://www.cbc.ca/news/world/a-state-of-the-union-address-the-president-is-unlikely-to-give-1.2918934
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