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LAMBRO: Obama ties to get out of another ‘shellacking’ in State of the Union
A pretty speech can’t disguise an ugly economy
President Obama was no doubt hoping his address to the nation Tuesday night would pull him out of the deepening political hole he’s been sinking into during the past year.
This clearly wasn’t the best time to say the State of the Union is strong. Not when the U.S. economy remains weak, stocks have taken a beating recently, millions of people are out of work, wages are stagnant, new-home sales fell for the second month in a row, and factory orders plunged in December by a shocking 4.3 percent.
The economic foundations of our country are crumbling. The government has fallen more deeply into debt than any other time in its history — to more than $17 trillion — as the president calls for more spending in the naive belief we can spend ourselves into prosperity.
It’s harder to find full-time employment. The once-mighty U.S. labor force has shrunk to record low levels as millions of long-term unemployed people have given up looking for jobs that do not exist.
Americans have turned depressingly pessimistic about the future of our country and their lives. Nearly two-thirds of our fellow citizens now think that “things have gotten pretty seriously off on the wrong track,” according to a poll released this week by The Washington Post.
Mr. Obama went before Congress last night to tell us how we’re doing as a country under his presidency, having just received a failing job-approval score that was lower than at the moment of any of his previous State of the Union addresses.
The Gallup Poll’s closely watched daily survey Monday reported that only 41 percent of Americans polled like the job he’s doing, while a muscular 52 percent disapprove of his performance as our nation’s chief executive.
The newspaper provided a more embarrassing report card on his presidency. Just 37 percent still “say they have either a good amount or a great deal of confidence in the president to make the right decisions for the country’s future,” and a hefty 63 percent said they do not.
A number of reports in the past week said that Mr. Obama and his advisers were struggling over his address, trying to come up with a new agenda to save his presidency and his party from expected losses in the November midterm elections. In an act of desperation, they have tried to make income inequality the central issue, coming up with old, warmed-over and discredited ideas such as boosting the minimum wage.
That idea has more often led to hard-pressed businesses finding ways to cut their payrolls, reducing the availability of entry-level jobs in which younger workers obtain necessary training and a pathway to future opportunities and higher incomes.
The growing gap between higher and lower incomes is the result of a weak economy in which there are fewer and fewer job opportunities to climb the economic ladder.
While Mr. Obama and his liberal accomplices are pushing for an agenda focused on income inequality, there is a lot of disagreement among administration advisers who want more concrete proposals. Mr. Obama still wants more infrastructure spending, but if the $800 billion stimulus check he got from a Democrat-controlled Congress early in his first term didn’t result in sustained, stronger economic growth, a few hundred billion more won’t do it, either.
Then there’s Mr. Obama’s all-purpose snake-oil remedy to raise taxes on the rich in order to expand social-welfare programs to help the unemployed. Even some of his party’s top political advisers have soured on that idea.
A divided Congress is not going to raise tax rates in a sluggish economy, and Democrats facing tough elections in the fall have privately told the White House they’re not going to support such an agenda.
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By Tammy Bruce
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