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Born at the Crest of the Empire

Monday, January 25, 2010

Populist in 2010

Referring to the move towards populism I outline in the next post, the early SOTU pre-releases are out, and are seemingly designed to assure me that the President "feels my pain."
President Obama will propose in his State of the Union address a package of modest initiatives intended to help middle-class families, including tax credits for child care, caps on some student loan payments and a requirement that companies let workers save automatically for retirement, senior administration officials said Sunday....

By focusing on what one White House official calls “the sandwich generation” — struggling families squeezed between sending their children to college and caring for elderly parents — Mr. Obama hopes to use his speech on Wednesday to demonstrate that he understands the economic pain of ordinary Americans.

Cann't get much more explicit than that!


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