State of the Union--Broke

WASHINGTON - JANUARY 27: U.S. President Barac...Image by Getty Images via @daylife
Robert Robb:

If President Barack Obama were being candid, he would have begun his speech on Tuesday as follows: "The state of our Union is ... we're broke."

However, it is clear that Obama does not regard the financial condition of the federal government as the most important challenge facing the country. Instead, he regards additional government actions and spending to improve our global competitiveness as more important.

Moreover, the real message of the State of the Union address is that Obama is not going to provide presidential leadership to put the federal government on a sound financial footing until at least after the 2012 election.

...
It is now clear how Obama maxed out his credit cards before he started getting book royalties. He is a spendthrift, who is maxing out the national credit and he has to be stopped before he does further damage. Big spending liberalism has been a failure that has not stimulated the economy.
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