On Tuesday, President Barack Obama gave his (hopefully) last State of the Union Address. His address, just like every other speech that comes out of his mouth, was full of nothing but broken promises, empty rhetoric and failed policies.
Honestly, what does this man really have to stand on at this point? Let me ask this: How many people out there can honestly say they are better off now than they were when Obama was first elected?
Despite a recent drop in unemployment rates, unemployment is still higher than when he first took office. Gas prices are higher, the federal debt is higher and the number of Americans living in poverty is higher. Home values, however, have lowered.
Near the beginning of the speech, Obama said the house of cards “collapsed” in 2008, referring to the economic crash. He pointed the finger at banks giving out loans that couldn’t be paid back. I get tired of saying this, but it was the likes of Chris Dodd and Barney Frank in Congress, both Democrats, who were telling banks to give out these bad loans.
Next Obama turned to colleges and universities by harping on them to raise tuition prices. Believe me, I think tuition is too high for students these days just as much as the next guy, but if colleges should have to live within their means, why shouldn’t the federal government? Of course I wish tuition prices were lower than they currently are, but I’m never a big fan of the pot calling the kettle black.
Soon, Obama ventured into my favorite topic in the entire speech: energy. He called on Congress to pass a clean energy standard that would require 80 percent of electricity to come from natural gas and renewable sources by 2035. Unfortunately, all I really heard were the words “cap and trade.”
The president’s original cap-and-trade bill from two years ago may be dead in the Senate, but he still seems adamant about the government stepping in and telling the energy companies what they can and cannot use to generate electricity. And once again, under his administration, the “free market” doesn’t seem so free anymore.
He could have at least warned Americans it would not be easy to make this transition, rather than just saying we must do this to save the world and the polar bears. Nearly half of this nation’s electricity currently comes from coal. An energy transition of the magnitude that he’s proposing would mean millions of lost jobs and higher energy rates — given the fact that coal is still the cheapest form of energy we have.