A lot of effort goes into writing a State of the Union address. The media and pundits are scouring the speech for hidden meaning, so every word must convey exactly what the president intends. That is not to say that Mr.
Newly-elected Senator Mark Kirk has added his voice to calls to allow states to bail out of their financial obligations by declaring bankruptcy. Kirk’s home state is the poster child of the moment for fiscal irresponsibility. Illinois just gifted its hapless residents with a massive tax increase that will not solve the state’s financial woes, or fix the public pension system that is largely responsible for the problem (see: Live in Illinois?
China will destroy us. Our chief creditor has purchased vast amounts of U.S. debt, and horded so much of our currency, that it has a controlling interest in our economy and can dictate every move we make. China might pull the plug at any moment, dumping America’s debt on the open market, and bringing our once-great nation to its knees.
America has maxed out its debt again. Tim Geithner sent a letter to Congress on January 6, 2011 asking for a raise in the debt ceiling because our financial obligations remain on course to go through the roof this spring. This has consequences on the homefront and internationally, because the U.S.
For all the negative press about the federal government’s assorted failings, Washington is enormously successful in one endeavor. Our government has great websites. Government sites provide information about every facet of the federal bureaucracy, good and bad. Reports, investigations, and audits are all out there for taxpayers to read.
Nancy Pelosi’s squawking has been reduced to a volume befitting her new, minority status, so President Obama and Harry Reid had to do the heavy lifting when it came time to misrepresent December’s employment numbers. Obama and Reid are more than up to the task of distorting the truth, and the president began his January 8, 2011 weekly address with three statements of very marginal veracity:
Obama Claim One: The economy added more than 100,000 jobs in December 2010.
Fearing a conservative backlash after November’s midterm defeats, President Obama signed the order for a two-year pay freeze for federal government jobs as part of his new Republican appeasement policy. The GOP had beat him to the punch when they included their own minimalist hiring freeze in the Pledge to America.