Last week's State of the Union address by the President sounded great. If one didn't follow any other news about the economy, jobs, bailouts, regulations, etc and just happened to catch the speech, the easy takeaway would be that the President understands what it takes to move us forward and has it in hand (if it weren't for those ostensible scoundrels in Congress). But for those of us who know the real story, its again an amazing display of words that are in stark contract to actions.
For instance, the President said in the speech, "No bailouts, no handouts, and no copouts." So either he agrees now it was a bad idea to bailout GM or Solyndra or his support of TARP and even larger bailouts he has called for, or he wants us to forget he had any part of that. Sounds also like a copout. Not to mention after making that statement, in the same speech making a case for more handouts and spending.
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