President Bush delivered more big government regulations and spending in his first four years than President Clinton did in his eight years in office. The first State of the Union speech of his second terms promises to deliver more of what we saw in his first term.
The high point of his speech was when he pledged to reduce or eliminate spending on more than 150 government programs. Discretionary spending will rise more slowly than inflation, tax cuts will become permanent-taxpayer dollars must be spent wisely or not at all. This indicates a degree of fiscal responsibility yet unseen from Americas’ 43rd president. However, this brief moment of Reaganesque rhetoric near the beginning of his speech was immediately followed by the kind of oratory that one would have expected from a President Kerry. [Full Article]