So today again is the State of the Union address. It is the first for the new President and it has been a hell of a year for everybody. First he used all his effort to get that health care bill, which is still pending. Then there was the sky terrorist, then the housing meltdown continued and other countless acts that I can’t seem to recall. Maybe I have a short memory but the most important event was the record breaking unemployment.
Even as the main street is hurting, Wall Street is doling out more money as bonus (even if it is deferred). The President was flying high with all the majorities in both the houses of Congress when the unexpected Republican win in
So the main topic today which I consider to be the most important and which I hope he will emphasize more is the how to tackle unemployment. Although he will highlights the accomplishments of this administration during the past year but he should be talking more about how to tackle unemployment.
I also know that he will talk about health care on which his credibility is riding high and also the war on terror (whose goals and accomplishments are debatable) and he will also talk about punishing Wall Street for its excessiveness. All this is fine and dandy, but what I want to hear is how the jobs will be created. There will be lots of clapping and rhetoric but ultimately it will come down to how the President persuades the Congress to follow through with the programs that he will discuss given the growing public wariness about the U.S. debt.
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