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Friday, January 28, 2011

SOTU and the POTUS, As the Czars Turn

Transcript of the State of the Union address.  I thought overall it was a good speech.
I don't agree that we need 80% of the country to have high speed rail, where do people need to go and why invest in getting there fast physically?  Commerce doesn't require faster people moving, necessarily.  I don't think the return on investment is there.
I hope he is willing to address the medical malpractice component of rising medical costs which will cause pain to his traditional Democratic party trial lawyer base.
I hope he is willing to reward good teachers and drive improvement or drive out bad teachers which will cause pain to his traditional Democratic party teachers union base.
I hope that higher education can be "within reach of every American" because tuition increase trends are as unsustainable as government deficit spending.  I agree with others, that higher education tuition will be the next bubble to burst.
We have to be adults and face the fact that our spending is unsustainable.  His message of the role of innovation is spot on.


Sen. David Vitter blasts oil spill claims czar Kenneth Feinberg over quick payments
http://www.nola.com/news/gulf-oil-spill/index.ssf/2011/01/sen_david_vitter_blasts_oil_sp.html
Our New Jobs Czar Jeffery Immelt Has to Change Existing Tax Incentives to Achieve Otherwise Impossible Goals
http://www.benzinga.com/11/01/813121/our-new-jobs-czar-jeffery-immelt-has-to-change-existing-tax-incentives-to-achieve-other#ixzz1CMQkZk2i

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