It was the night before the State of the Union...

Tomorrow the President will address the nation. Where should he begin the failed economy, rising unemployment, and astronomical debt? No one doubts that Obama has been dealt some difficult cards his first year. No one can say he has sat by idly or not addressed the issues as they continue to come. Nearly everyone though has a reason why his stimulus and bailouts have not been as successful as we all had hoped and what the price tag demanded. Was it too little too late? The too late part seems fathomable but the too little is almost laughable. Should we have let the market self-correct? Was the stimulus a overzealous waste of money? I don't profess to be an economist or a market analysis, but I haven't seen the jobs the stimulus was suppose to create and the banks profit reports make me sick to my stomach.
There are some things the administration I have been extremely happy with. The taxes on the banks profits to reclaim our bail-out money. The concept seems fair enough, but Ill be interested to see which banks are given this tax and which are given amnesty. Today, a bi-partisan effort failed at coming up with a way to tackle national debt.In many administrations, this would be tabled for a while. republicans are against any move toward tax increases. There is significant talk about cutting spending in Medicare and Medicaid that is backed by many Dems.I find this interesting because why is the party that promotes healthcare for all cutting the little healthcare we have now? All and all the 53 votes fell short of the 60 majority needed to pass.
Obama has stepped to the late and recognized his own Instead impact on the national debt and said he will establish a similar panel by executive order. I hope republicans are blocked-out of this conversation like many panels and committees made by this executive administration but i appreciate his unwillingness to let the issue sit.