The State of the Union

If anybody was wondering, and it’s not that I think you were, I didn’t watch the State of the Union.  I’ll read the transcript and watch the video later.

I expected there to be talk of gun control and entitlement reform.  Was I right?

Anyway, what he needed to say was that we should be borrowing money by the boatload.  People are paying the US to buy bonds so they can park their money in US dollars so we can borrow at less than 0% interest.

If you could do that wouldn’t you?

Then we spend it as fast as we can fixing roads and bridges and schools and water mains and the electric grid.  We build schools, hire teachers and fire fighters and police.  That will put millions back to work and the money they spend and the taxes they pay will fix the economy and reduce the debt.  It really isn’t rocket science.

Then the President should have talked about Medicare for all, allowing negotiation for drug prices, and eliminating the FICA cap and then doubling Social Security benefits.  Both of those would also improve the economy and reduce spending on medical coverage.

I imagine none of that was mentioned last night.  It should have been.  Austerity will hurt the country and a lot of people as well.  Spending will fix our problems – it worked during the Depression and WWII and led to the growth of the world’s biggest economy and greatest middle class.  Some talk about unions might be nice but maybe that’s asking too much.

At any rate I might check out the speech later, but I don’t expect to see anything I want to see in there.