- Obama reminded that he inherited the economic crisis from the previous administration. This is a point that needs to be hammered home as often as possible.
- "American people should get a government that matches their decency." Hear, hear. But there is no hope of that any time soon. The field of politics mostly attracts hugely indecent people. It's rare that you see so many nasty faces in the same room as you do when you watch Senate hearings.
- "What unites us is that we all hate the bank bailout. It's as popular as a root canal." Then he proceeded to tell us why it was still necessary (not convinced!). And said there will be high fees on big banks. In my opinion, until Blankfein, Summers and Co are getting their bonus in the form of an extra TV hour in high-security prison, these "fees" are not nearly enough. It's not the bailout we hate, it's those disgusting criminals who are still at large robbing us blind.
- Support for small businesses - it's about time, but something tells me it will be super hard making this work. Huge companies are set on destryng small business as a concept.
- Gays should be allowed to serve in the military.
- China, Germany, and India aren't waiting, so why should the US?
There was a very scary moment in his speech, however. He said the following sentence that made me cringe: "Universities should cut spending." I really wish Mr. President had elaborated on that thought. Exactly what kind of spending are we supposed to cut? All our funds have been frozen 100%. My department could not even buy a pizza to thank people working in the lab for their efforts. I'm not into pizza, so I don't know how much it costs. Must be something like $6-7? Well, this type of cost has been cut already. What else can we do? Eliminate chalk, have me moisten my finger with saliva and try to write on the board in this way? Or substitute even more tenure-track positions with overworked, underqualified "instructors"?
I still have no idea what this scary statement meant. If anybody has any insights, please feel free to tell me.