Transcript of the State of the Union speech by Obama:
Let’s remember how we got here. Long before the recession, jobs and manufacturing began leaving our shores. Technology made businesses more efficient, but also made some jobs obsolete. Folks at the top saw their incomes rise like never before, but most hardworking Americans struggled with costs that were growing, paychecks that weren’t, and personal debt that kept piling up.
In 2008, the house of cards collapsed. We learned that mortgages had been sold to people who couldn’t afford or understand them. Banks had made huge bets and bonuses with other people’s money. Regulators had looked the other way, or didn’t have the authority to stop the bad behavior.
It was wrong. It was irresponsible. And it plunged our economy into a crisis that put millions out of work, saddled us with more debt, and left innocent, hard-working Americans holding the bag. In the six months before I took office, we lost nearly 4 million jobs. And we lost another 4 million before our policies were in full effect.
Dick Morris was tweeting during the debate and he said all that I could have ever wanted to say.
Obama boasts about 3 million jobs created.
Dick Morris replies: 3 million jobs in two and a half years thats 100K per month. Pathetic.
Obama says he is against outsourcing.
Morris: against outsourcing? GM is the leading outsorcer 3/4 of their jobs are offshore of GM’s 300K jobs, 220 are abroad!
Obama goes into class warfare.
Morris: As soon as he talks about unity, he goes right to class warfare! He just can’t help himself. The 1% are Americans too! Class warfare! WE learned that mortgages had been given to people who couldn’t afford them. Fannie Mae which the Democrats put up and stuck by and refused to reform
Obama doubles down on his promise for clean energy and energy independence. Dick Morris replies:
Morris: You haven’t given a permit for offshore drilling since BP spill. Who do you think you are kidding? Develop all energy souces how about coal? This is so disingenuoius with his veto of the Keystone pipeline.