Economy is gonna be the center of Bushs monday SOTU. Man, this comes really as a surprise to me. For the past four years Ive been living in despair due to the shocking Republican surprise policies called Iraq. Now Im again overwhelmed with befuddlement because of the consequences of Iraq, called recession, in times of voting. Bush is dedicating his entire speech to it.Calculable as a lame duck.
http://money.cnn.com/2008/01/25/news/economy/preview_sotu/index.htm?postversion=2008012618
NEW YORK (CNNMoney.com) -- The state of the slowing economy and how to energize it - now and beyond - will be a focal point of President Bush's State of the Union address on Monday.
Indeed, he pledged during Saturday's Presidential radio address to tout the bipartisan stimulus plan during next week's speech; "...I believe that with swift action, we can give our economy the boost it needs to continue expanding and creating new jobs for our citizens." He also reiterated his hope that the plan will be enacted swiftly.
Bush, in his last year of office, is unlikely to make any new economic proposals on Monday night, as he has done in past addresses. Last year, for instance, he called for a change in how the government taxes money used to buy health insurance, and he asked Congress to set a goal of reducing American gasoline consumption by 20 percent over 10 years.
"I think there will be a pretty significant emphasis on what they're doing in the immediate term to shore up the economy," said Scott Hodge, president of the Tax Foundation, a research group advocating for a simpler tax code and lower taxes. "There's so much anxiety in the markets and in business. I think he'd want to assure people they've taken the appropriate actions."
Sunday, 27 January 2008
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