Morning Bell: The State of Our Union

Ed Feulner / January 26, 2010

The President of the United States tomorrow will inform the Congress on the State of our Union, as he is constitutionally mandated to do. The past 12 months have seen our country head down a dangerous course, and The Heritage Foundation can only hope that the President will use this time of reflection, coming on the heels of a stunning electoral loss, to change direction.

You must recognize, Mr. President, that the State of the Union is not good. You need a new approach and fresh domestic and foreign policies. The caps on spending which reports last night said you were considering are but an exceedingly modest first step, and the devil is in the details. The caps will do virtually nothing to improve the nation’s fiscal health unless you tackle Social Security, Medicare and Medicaid. Shifting tactics and stoking populism will be both cynical and condescending to the voters, who will see through this strategy. Mr. President, it’s the policies you need to change, not the spin.

In 2008, you promised economic recovery and sound financing. You promised to keep our country safe. You also promised bipartisanship.

Instead, our nation is enduring high unemployment and slow growth, due to surging spending and government borrowing. Bailouts and a pork-ridden “stimulus” bill will not get our country back on track. High unemployment comes primarily from the lack of job creation, rather than job destruction. Our research shows that your Administration’s policies have created uncertainties that have hindered risk-taking by entrepreneurs.

And now, faced with difficulties, instead of changing course you are doubling down and promising increased regulation. The challenges you have faced in one year in office—tea parties, town halls, three tough electoral losses—should have made you rethink your policies. Americans have always preferred limited government over the expansionist kind, lower—not higher—taxes, rational policies, not punitive ones. Your advisors are misreading the public, and economic reality, if they think increased red tape and government control will cure any of our ills. (more…)