Skip to main content

President Obama's speech today on spurring job creation -- particularly in small businesses -- was primarily focused on policy substance, but it also featured some of his toughest language in recent weeks about the Republican Party.

In a sober tone, President Obama portrayed the Republican Party as opportunistic, obstructionist, and deeply hypocritical, accusing them of both having created the economic crisis we face today and having done nothing to help solve it. He also slammed their hypocritical attacks on government spending, reminding them that they are the ones who created the deficit, and that the recovery act represents just a small portion of it.

Watch:

Transcript:

The fear among economists across the political spectrum that was — was that we were rapidly plummeting towards a second Great Depression. So, in the weeks and months that followed, we undertook a series of difficult steps to prevent that outcome.  And we were forced to take those steps largely without the help of an opposition party, which, unfortunately, after having presided over the decision-making that had led to the crisis, decided to hand it over to others to solve.

... Now, there are those who claim we have to choose between paying down our deficits on the one hand, and investing in job creation and economic growth on the other.  This is a false choice.  Ensuring that economic growth and job creation are strong and sustained is critical to ensuring that we are increasing revenues and decreasing spending on things like unemployment insurance so that our deficits will start coming down.

... So let me just be clear here.  Despite what some have claimed, the cost of the Recovery Act is only a very small part of our current budget imbalance.  In reality, the deficit had been building dramatically over the previous eight years.  We have a structural gap between the money going out and the money coming in. Folks passed tax cuts and expansive entitlement programs without paying for any of it — even as health care costs kept rising, year after year.  As a result, the deficit had reached $1.3 trillion when we walked into the White House.  And I’d note:  These budget-busting tax cuts and spending programs were approved by many of the same people who are now waxing political about fiscal responsibility, while opposing our efforts to reduce deficits by getting health care costs under control.  It’s a sight to see.

Obviously, President Obama's number one challenge is turning this country's economy around after eight years of Republican rule, but it's impossible to separate that task from politics, especially when the G.O.P. is doing nothing but playing politics. To maintain popular support, it's imperative that President Obama both defend himself and the Democratic Party from the GOP's attacks, and go on the offense. That's exactly what he did today, and it's a good thing to see.

Originally posted to Daily Kos on Tue Dec 08, 2009 at 01:32 PM PST.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site