2014 State of the Union address: on Budget & Economy


Green Party: Answers to wealth inequality are out there; ask the people

In spite of the so-called "recovery", millions of Americans still own homes with negative equity, millions were impacted by cruel Federal housing sequester cuts, and millions more remain literally homeless.

While this year's State of the Union mentioned inequality of wealth, it failed to mention poverty, homelessness, or the ongoing home foreclosure crisis (except in passing), and in any case failed to offer substantive solutions. It is not as if the answers are not out there.

In Pennsylvania, the Poor People's Economic Human Rights Campaign is moving people into vacant housing. In Richmond, California, Green Party Mayor Gayle McLaughlin is working on a program to take back foreclosed homes from banks and return them to original owners. The people are moving to find ways to meet their needs. The silence of the twin corporate parties makes it only a matter of time before the people move forcefully to build a political party of their own.

Source: Green Party response to 2014 State of the Union Jan 30, 2014

Barack Obama: FactCheck: Deficits cut in half, but still higher than 2008

Obama said, "Our deficits--cut by more than half."

Fact Check: The federal budget deficit has declined in half since 2009, from $1.3 trillion to about $600 billion, but that's not much to brag about. The 2009 figure was not just a deficit Obama inherited from his predecessor, since it also reflected the impact of decisions, such as the $800 billion stimulus bill, enacted early in the president's term.

Moreover, the deficit soared in the first place because of the recession, so as the economy has improved, the deficit naturally decreased. The United States still has a deficit higher than it was in nominal terms and as a percentage of gross domestic product than it was in 2008 and a debt much greater as a percentage of the overall economy than it was prior to the recession.

Source: Washington Post FactCheck on 2014 State of the Union Jan 28, 2014

  • The above quotations are from 2014 State of the Union address to Congress, plus the Republican Response: Jan. 28, 2014.
  • Click here for definitions & background information on Budget & Economy.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Barack Obama on Budget & Economy.
2016 Presidential contenders on Budget & Economy:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
Please consider a donation to OnTheIssues.org!
Click for details -- or send donations to:
1770 Mass Ave. #630, Cambridge MA 02140
E-mail: submit@OnTheIssues.org
(We rely on your support!)

Page last updated: Feb 24, 2019