Posts Tagged ‘Brits’

Notes From Underground: Obama’s Honeymoon Speech was Over-promised and Undelivered

January 26, 2011

This was a State of the Union that was hyped with so much HOPE for restoring real growth and JOBS to America. As I read the entire leaked speech–which was leaked in entirety–I kept waiting for the real thrust to stimulate growth and I missed it. Simplifying the tax code is a noble endeavor but we have all experienced the inability of Congress to crush the self-interests that without presidential leadership it attempts fail under the weight of lobbying dollars. Ending the tax breaks to energy companies so as to finance the switch to clean energy is nice but oil explorers will lobby or else move to exploring in nations that require the advanced technology that U.S. energy companies thrive on and they will entice them with all types of incentives.