One day later and confirmation arrives that the economic illiteracy on display at SOTU was not a just a mirage or bad dream.
Here are some money quotes from today:
The president said Wednesday that while China invested in clean energy technologies, "we fell down on the job. We weren't moving as fast as we should have."
"We're going to need to go all in. We're going to need to get serious about winning the future,"
People, this is just plain nuts!
China subsidizing investments in clean energy technology is VERY VERY GOOD for us. If they make a breakthrough, what, they won't sell the product to us? Really?
Is it surprising to anyone that Jeffrey Immelt, Obama's new "jobs czar" runs a company that makes wind turbines?
"We're going to need to get serious about winning the future" is the stupidest thing I've heard a president say since "Too many OB/GYN's aren't able to practice their love with women all across the country."
America is not going to recover its greatness by pissing money away on choo-choos and windmills.