Thursday, January 28, 2010

Obama's First State of the Union Address

He sounded quite a bit like President Reagan in his first State of the Union address.

"To understand the State of the Union, we must look not only at where we are and where we’re going but where we’ve been. The situation at this time last year was truly ominous. [...] First, we must understand what’s happening at the moment to the economy. Our current problems are not the product of the recovery program that’s only just now getting under way, as some would have you believe; they are the inheritance of decades of tax and tax, and spend and spend. [...] The only alternative being offered to this economic program is a return to the policies that gave us a trillion-dollar debt, runaway inflation, runaway interest rates and unemployment," Ronald Reagan, in his first State of the Union address.

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