The UK’s Telegraph reports that President Barack Obama will use the State of the Union address to raise the alarm about America’s global decline. As the Telegraph summarizes:
“A briefing paper released by the White House in advance of the address on Tuesday said: ‘The most important contest we face today is not between Democrats and Republicans. It’s America’s contest with competitors across the globe for the jobs and industries of our time.’
With unemployment stuck at 9.4 per cent and the likes of China, India and Brazil surging in the global economy, Mr Obama is also expected to address the insecurity about the future that many Americans feel.
The national ego has been bruised by the fact that Chinese credit is keeping the US solvent, and Mr Obama was expected to refer directly to China’s superiority in the clean energy and wind turbine market as a way of encouraging Republicans to support central funding for industrial initiatives.”
Uh, excuse me, but if President Obama’s solution is more handouts and set-asides for the “green tech” economy, we are in very deep trouble. You can’t socially engineer growth, Mr. President. Government is bigger and in greater control and we are doing worse. Get the government out of the way and let the American people compete. It’s our ingenuity that will keep us #1, not government manipulation and management of our economy.
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