President ObamaPresident Obama stood up for his first state of the union address tonight amidst the proverbial massive applause. While there is massive uncertainty about what he will talk about and what he is going to make happen.
He proposes taking $30 billion toward small business loans. This is great- agreed. How about triple that?
He proposes eliminating all capital gains taxes for business.
He proposes slashing tax breaks for companies that ship jobs overseas and shift them to companies who give jobs to Americans. I like this- but how are you going to do it? That’s easy to clap for. He references the tax bill that the House passed and urges the senate to adopt something similar. He says he wants a job bill on his desk without delay.
We are a half hour in and he hasn’t mentioned the health care situation at all. Read more