From USA TODAY:
President Obama focused about 80% of his State of the Union Address on the economy, offering proposals designed to create jobs, make the United States more competitive with other developed nations and reduce future budget deficits. Those goals can conflict, however. Here’s a look behind the rhetoric:
Statement:
“Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make you feel like you’re flying high at first, but it won’t take long before you’ll feel the impact.”
•Reality check: This is the central thesis of Obama’s speech — that the United States needs to invest in clean energy technology, a crumbling physical infrastructure and education in order to compete better with developing nations such as China and India…
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