Because adding $2.7 trillion to the national debt in the past two years alone wasn’t enough,
President Barack Obama will call for new government spending on infrastructure, education and research in his State of the Union address Tuesday, sharpening his response to Republicans in Congress who are demanding deep budget cuts, people familiar with the speech said.
Mr. Obama will argue that the U.S., even while trying to reduce its budget deficit, must make targeted investments to foster job growth and boost U.S. competitiveness in the world economy. The new spending could include initiatives aimed at building the renewable-energy sector—which received billions of dollars in stimulus funding—and rebuilding roads to improve transportation, people familiar with the matter said.
Since spendulus worked so well at stimulating the economy and creating jobs, you mean?
UPDATE
He’s kidding, right? Didn’t we just piss away $862 billion we don’t have on the Exact. Same. Thing? Or are these different green jobs and infrastructure projects than those other ones?
