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View Diary: Obama continues 'Win the Future,' competitiveness theme in weekly address (233 comments)

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  •  I can see where it would be appealing to a center (2+ / 0-)
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    splashy, tomhodukavich

    POV, sort of 'beating the Republicans with their own stick'. But what I fear is that the policies behind it continue 30+ years of trickle-down economics that, we have seen, have increased the chasm between the wealthiest and the poorest to unprecedented levels.

    I've been on a slow decline in my support of President Obama's policies (from an avid supporter during the campaign, election and first year of Presidency) and the 'competitiveness' meme is mostly empty rhetoric.

    Like many others, I got a good education and prepared myself for the "21st Century Economy". That lasted for about 3 years, until folks realized they could hire IT consultants and graphic designers to come here from India (at that time) for a mere fraction of what they paid me. Not only that, but the company I worked for at the time was given tax incentives to specifically do so. So much for education and innovation.

    What, exactly, are we not "innovating" here? Every day I hear about companies outsourcing even new green technologies. Until companies are incentivized to create jobs here (through tax and trade policy)and through actual demand, they will continue to outsource labor of all kinds, both white collar AND blue collar.

    The day I realized President Obama may not be entirely on my side as a member of a shrinking American middle-class is the day I learned that the new estate tax as surrendered pre-negotiated with Republicans is the lowest in recorded history (except for the year without one). Because we all know that extra money paid by estates of more than $5 million will be instantly pumped back into the economy . . . NOT.

    What one must, one can.

    by angstall on Sat Jan 29, 2011 at 08:55:50 AM PST

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    •  Sometimes progress = 2 steps forward, 1 step back (2+ / 0-)
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      angstall, Mebby

      I may repeat myself, but yes, we're all stunned that, so quickly after Obama's amazing electoral landslide victory, SO damn many voters are now proving so receptive to right wing themes and arguments.  But Obama sees that reality, so I think he's doing the best he can to deal with that reality while not giving up his goal of having a fairer set of rules in place when he leaves office than what existed when he took the oath.  IMO, that's the grand theme of his presidency - a fairer deal.  Not a perfect deal, not always a great deal, just a fairer deal.

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