Obama’s State of the Union Speech

Working through the transcript of Obama speech

Obama wants to do the opposite of what Gregory Clark would suggest for building a strong tax base in the long run: tax incentives for less-successful-than-average Americans to have more children (“for every middle-class and low-income family … a new tax cut of up to $ 3,000 per child, per year.”)

“Send me a bill that gives every worker in America the opportunity to earn seven days of paid sick leave.” Since employers have a constant amount that they can or will pay in wages, this means that in the long run healthy people will be paid relatively less and sick people, or those with sick relatives and children, will be paid relatively more.

“over the past five years, our businesses have created more than 11 million new jobs.” The Census Bureau says that in the same period of time the population has grown by 12 million people… (BLS shows that the number of workers is just barely larger today compared to January 2008, when the population of the U.S. was smaller; I’m wondering if this “11 million new jobs” figure fails to include a subtraction for jobs eliminated.)

“Our high school graduation rate has hit an all-time high. And more Americans finish college than ever before.” — it is not worth investigating whether those degrees have any correlation with learning or capability.

“health care inflation at its lowest rate in fifty years.” – – when you spend more than any other country in the world it is hard to keep outdistancing the competition for who can build the biggest bonfire of cash.

“Basic childcare for Jack and Henry costs more than their mortgage, and almost as much as a year at the University of Minnesota.” — because there are so few American workers who have the skills and responsibility required of a babysitter, day care centers have to pay big salaries to attract the competent and must pass these costs along to consumers. (Also we piled regulations onto those day care centers and those costs must be added too.)

“nothing helps families make ends meet like higher wages. That’s why this Congress still needs to pass a law that makes sure a woman is paid the same as a man for doing the same work.” — i.e., we need a planned economy. “So to every CEO in America, let me repeat: If you want somebody who’s going to get the job done, hire a veteran.” — Obama himself will do the planning because he knows better than private business managers what a productive employee looks like.

“Since 2010, America has put more people back to work than Europe, Japan, and all advanced economies combined. ” — we are a dwarf among midgets.

“21st century businesses, including small businesses, need to sell more American products overseas.” — now Obama will plan the world economy too.

“21st century businesses will rely on American science, technology, research and development.” — we will export Google Glass to Africa.

“Tonight, I’m launching a new Precision Medicine Initiative to bring us closer to curing diseases like cancer and diabetes.” — Nixon declared war on cancer 44 years ago. This new war is going to work out better.

“We’re upholding the principle that bigger nations can’t bully the small – by opposing Russian aggression, supporting Ukraine’s democracy, and reassuring our NATO allies.” — We support Ukrainian democracy in any territory that Russia doesn’t feel like annexing.

“No foreign nation, no hacker, should be able to shut down our networks, steal our trade secrets, or invade the privacy of American families, especially our kids.” — the North Koreans want to be our friends on Facebook so that they can see what our kids look like (Snopes).

“I’m not a scientist” … which is why I am going to be making $ 200 million giving speeches starting in 2016 instead of making $ 81,480 per year like a PhD Biochemist (BLS).

“As Americans, we have a profound commitment to justice … Since I’ve been President, we’ve worked responsibly to cut the population of GTMO in half.” — because if something is unjust we should do it only half the time.

“I urge this Congress to finally pass the legislation we need to better meet the evolving threat of cyber-attacks, combat identity theft, and protect our children’s information.” — because many cyber-attacks are targeted at kindergarteners and the only way to keep children’s information safe is to give the federal government more power.

“A better politics is one where we debate without demonizing each other” … but let’s make the rich demons pay with some new taxes (“And let’s close the loopholes that lead to inequality by allowing the top one percent to avoid paying taxes on their accumulated wealth.”)

“We still may not agree on a woman’s right to choose, but surely we can agree … that every woman should have access to the health care she needs.” — men aren’t entitled to health care if they fall between the Medicaid and Obamacare cracks.

“no one benefits when a hardworking [immigrant] mom is taken from her child” — but the Federal government will encourage states to provide financial incentives for mothers and their lawyers to take fathers away from children.

“surely we can agree that the right to vote is sacred; that it’s being denied to too many” — and we all know that it is racist white Southern Republicans who are doing the denying…

Philip Greenspun’s Weblog

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