06 September 2011

Obama's Huge Jobs Speech Promises ... Jobs?

Looks like a round of election-year promises are packed into Obama's coming speech. This speech will be the Huge Jobs Speech, you might know.

He's given up most leverage I can think of with Congress, so I don't see much coming out it. Hope I'm proved wrong.

From Bloomberg:
“You say you’re the party of tax cuts?” Obama said before the annual Metro Detroit Central Labor Council rally. “Well then, prove you’ll fight just as hard for tax cuts for middle- class families as you do for oil companies and the most affluent Americans.”
[...]
“We’ve got roads and bridges across this country that need rebuilding,” Obama, 50, said. “We’ve got more than 1 million unemployed construction workers ready to get dirty right now. There is work to be done and there are workers ready to do it. Labor’s on board, business is on board. We just need Congress to get on board.”
What's coming up this week may turn out to be his best speech for 2009 or even 2010. In fact, I think I heard him speechifying the above points in those years. And then... drumroll... nothing.

This is the Obama pattern. Crisis, build-up to Huge Speech, delivery of the Huge Speech, nodding heads and cries of "We're saved!" and then ... nothing much of anything. Rinse, repeat.

I will not watch this next Huge Speech. At this point they're huge rehashes of past Huge Speeches, and are completely divorced from the Administration's policy making. Or lack thereof.

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