While claiming none of his proposals "should increase our deficit by a single dime" he offered a laundry list of new and expanded government programs - a leftist wish list - that apparently would be paid for with magic fairy dust.
There were "investments" in new manufacturing hubs, in which the Department of Energy will use our tax dollars to pick winners and losers. There were investments in medical research and development (which actually isn't a bad idea if done the right way). There were investments in "more sustainable forms of energy." And of course there were investments in infrastructure.
Tonight, I propose a “Fix-It-First” program to put people to work as soon as possible on our most urgent repairs, like the nearly 70,000 structurally deficient bridges across the country.It's too bad we didn't have some government program a couple years ago, say, some kind of "stimulus" that would have spent money to repair these bridges. That's right, we did have a stimulus but they chose to spend the $1 trillion on other stuff, leaving the bridges to continue to crumble.
In Nevada millions in stimulus money went not to repairing roads but to highway beautification. Instead of spending the money on fixing crumbling roads we chose to spend it on putting pretty rocks and decorations on the sides of those crumbling roads.
So now we need even more money to fix those roads, and this time the money will really be spent on that. We promise.
And to make sure taxpayers don’t shoulder the whole burden, I’m also proposing a Partnership to Rebuild America that attracts private capital to upgrade what our businesses need most: modern ports to move our goods; modern pipelines to withstand a storm; modern schools worthy of our children. Let’s prove that there is no better place to do business than the United States of America. And let’s start right away."[M]odern pipelines"? As Phil Kerpen tweeted, "Keystone would be a pretty 'modern pipeline.'" But we can't have that.
Here's an idea for a new government stimulus: For every public works project we hire a crew of unemployed workers to visit the site after hours and tear down some of what was built that day. We'd be putting people to work and creating even more jobs on the original project as they'd need more people to fix the damage from the night before. A win-win!
Since 13 years isn't enough for the public school system to give our kids an adequate 12-grade education, the President called for expanding preschool programs so that all children had access to them - voluntarily, of course, at least at first.
He also proposed raising the minimum wage because we don't have nearly enough teenagers and low-skilled workers who can't find jobs right now.
There's even more but if you've been paying any attention at all over the last four years, there's nothing new. As usual the President attempted to portray himself as the most reasonable person in history, while proposing massive increases in government spending that won't add a dime to the deficit because the rich still have some money left that we haven't taken from them yet.
And so it goes for the next four years.
UPDATE: This cartoon from Michael Ramirez at IBD is perfect.