Top MN Democrat Shot and Killed in a Targeted Attack
About That White Guy Laughing in the Face of a Black Mom Trying...
I Was Told by the Liberal Media That These Actions Constituted an Insurrection
Why Iran's Anti-Mossad Unit Never Saw These Israeli Attacks Coming
Trump Had an Epic Response When He Asked About Dead Iranian Leaders
Justice Department Is Suing This State for Shielding Illegal Immigrants From Deportation
DHS Chimes in After Kardashian Calls Out ICE Enforcement Operations
Suspect Who KiIIed Minnesota Dem Had 'NO KINGS' Fliers In His Car
Child Transitioning Is Not Progress. It's a Tragedy.
Trump Releases Statement After MN Dem Killed In 'Targeted Political Assassination'
Nicolle Wallace’s Take on the Alex Padilla Situation Is Something Else
Tim Walz Prays for Rain on Trump’s Army Parade
Israel’s National Security Adviser: Only Trump Can Secure Deal to End Iran’s Nuclear...
Secretary Burgum Is Right to Stamp Out Radicalism in Our National Parks
Parents, Your Children Do Not Belong to the Government
Tipsheet

Obama SOTU: Jobs and Economy

Advertisement
A large chunk of President Obama’s State if the Union Address was focused on jobs, as it should have been. He acknowledged the American people want the focus of his administration and the new Congress going forward to be on job growth. He emphasized his belief that the way to grow the economy is to compete economically with the rest of the world.
Meanwhile, nations like China and India realized that with some changes of their own, they could compete in this new world. And so they started educating their children earlier and longer, with greater emphasis on math and science. They're investing in research and new technologies. Just recently, China became home to the world's largest private solar research facility, and the world's fastest computer.
Obama also emphasized government investment in green energy jobs, calling for the complete removal of subsidies for oil companies and giving those subsidies to green energy initiatives. This government intervention and manipulation of the market will only result in higher energy costs, loss of jobs due to rising costs and less efficient use of tax payer dollars. You can read more about the move by the Obama Administration to favor green energy over fossil fuels here.
Advertisement
With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have 1 million electric vehicles on the road by 2015.

We need to get behind this innovation. And to help pay for it, I'm asking Congress to eliminate the billions in taxpayer dollars we currently give to oil companies. I don't know if you've noticed, but they're doing just fine on their own. So instead of subsidizing yesterday's energy, let's invest in tomorrow's.
Obama credited the free enterprise system for driving American innovation, but what we know is that innovation has been stifled by government regulation. In order to reach this goal, Obama will have to acknowledge that red tape does not create jobs and only makes it more difficult for business owners to hire new workers. Obama vowed to take a look at burdensome regulation while keeping close the option to implement what he called necessary legislation to regulate business.
To reduce barriers to growth and investment, I've ordered a review of government regulations. When we find rules that put an unnecessary burden on businesses, we will fix them. But I will not hesitate to create or enforce commonsense safeguards to protect the American people.  
Overall, Obama tied government regulation/de-regulation, investment/spending, global competitiveness and green jobs initiatives to the overall economy and jobs picture. With so many calls for "investment" and subsidizing an inefficient green energy/job plan, it is hard to believe Obama is taking his calls to tackle the deficit seriously.
Advertisement



Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement