The President is offering an alternative policy. It is a policy that we've seen in effect for four years. Just look at the results. But what is the policy? What are the solutions?
Secondly, Obama blamed capitalism for the economic decline and wrongly created regulations that harmed businesses. These regulations (Dodd-Frank among others) added billions of dollars to the cost of doing business and severely impacted the profitability of many businesses. They did nothing to avert another disaster, but, in fact, left largely intact the corrupt framework (Community Reinvestment Act, Fannie Mae and Freddie Mac) that was responsible for the decline.
Under this scheme, the government could pump millions of dollars into failing auto companies, failing banks and failing green energy companies. It could enrich cronies and campaign contributors, cover for corrupt union pension programs, hire thousands of government employees to join those unions, cover the costs of unemployment benefits, food stamps, Social Security, Medicare, Medicaid and ObamaCare. It could funnel millions of dollars to people who claim they tried to farm (Pigford Scandal), pay for voter registration programs that help elect the President, take over student loan programs, the Internet and send millions of dollars overseas to terrorist organizations. It is “investments” like these that create trillion dollar deficits.
What does this Abraham Lincoln-approved program consist of? It is an integrated collectivist society, self-consciously organized by technocrats (czars) that includes political correctness, unlimited majority rule and coerced armies of unskilled people getting paid to do nothing. In essense, the President is describing a benign fascist dictatorship that, once established, will cease to be benign. Those who don't agree...well, they'll find a way to deal with "those people".
Governor Romney should expose this vision and explain what the President really meant. This will communicate that the Governor understands the method in Obama's madness and that he has a sane and workable alternative; the pursuit of happiness and freedom.