Friday, September 9, 2011

Job Speech Thoughts

So Obama's job speech/plan is a bit of a pleasant surprise, in that there are elements of his proposal that could actually do a lot of good in addressing our unemployment crisis. Maybe it was spending 2 years talking about deficits, but I was all ready for a proposal of trade deals and tax cuts for rich people. Some pros and cons:

The Pros:
  • Obama is talking about jobs, and proposing actual stimulus.
  • It is larger than I initially thought.
  • It includes money for infrastructure, hiring teachers, things that would have close to an immediate positive impact on the economy.
  • His speech was a bit more confrontational that I'm used to, which is a good thing.

The Cons:
  • It took him 2 years to do this.
  • He's still pushing job killing free trade deals
  • He's also pushing medicare cuts/tax cuts for rich people
  • We have no clue about the "how to pay for it" side of the deal, which if we know Obama could very well included medicare cuts. He said so himself in the speech.
So no actual plan has been released, but those are my initial thoughts.

Did you see it? What did you think?

1 comment:

  1. "I reject the idea that we have to strip away collective bargaining rights to compete in a global economy."

    I know I'm lame, but I love hearing him speak, and when he says things like this it's real easy to listen. Then I remind myself he doesn't mean it.