Obama no longer dazzles us with his smoke and mirrors; he bores us with them, droning on and on for more than an hour without offering any new ideas to turn the economy around -- because he has none.
Obama is as bereft of new ideas as a ventriloquist's dummy. He is a prisoner of his own theological affinity for expansive government as a panacea. His liberal ethical code tells him that growing government is a moral imperative that must supersede everything else, even economic growth and prosperity for the very people to whom liberals claim allegiance.
As long as they are reliably growing government, statists such as Obama will not be held to account by their fellow liberals for their policy failures and for spreading misery, because they are doing god's work, whatever that might mean to them. If his "stimulus" fails to produce jobs, it doesn't matter, because a) his intentions were good, b) Republicans didn't let him spend even more, and c) things would have been worse without it -- even though the weight of the evidence and history prove otherwise.
So don't ever expect Obama's soul mates in the liberal media to hold him accountable for his record or to compare it with that of other presidents. If it is worse, it will not be his fault. His failures will always be because of the "mess he inherited," even though no other president has ever enjoyed that absurd luxury.
But even measured against the situation he inherited, Obama has made sparse improvements, and in most cases, things have gotten worse, including the millions who have given up and left the workforce, the millions who have joined the government dependency rolls, the catastrophic national debt and our woefully insolvent entitlement programs, which he steadfastly refuses to reform.
For all his hoopla about hope and change, Obama is nothing more than a gloom-and-doom liberal who doesn't even aspire to robust economic growth. His sole focus is not on growing the economic pie but on redistributing what he believes is a finite one.
That's why the thrust of Obama's disgraceful speech was on class envy, resentment and warfare. He forever castigates producers and the wealthy and promises a continuation of policies that are antithetical to growth, except for the growth of government.
As long as Obama is in office and his policies are pursued, America will be shortchanging itself and suppressing the entrepreneurial spirit and liberty of the American people, without which America is destined for ongoing decline.