Obama’s SOTU focuses on relief for working families

REDWOOD CITY, Calif. – President Barack Obama has declared a full-on economic resurgence in this State of the Union address, with his approval rating rising for the first time in years and with more Americans showing more optimism for the economy.

A New Washington Post/ABC News poll showed that half of Americans said they approve of the job Obama is doing as president — his best rating since the spring of 2013. The poll also showed 41 percent of people thinks the economy is headed to the right direction, compared with 27 percent in October.

Besides highlighting the need to improve cybersecurity and to invest in infrastructure, the centerpiece of President Obama’s SOTU is middle-class economics, with a tax plan that addresses income inequality.

The plan provides extra money to low and middle-income families in the form of tax credits for children and working couples. It also increases taxes on upper-income taxpayers, particularly the one percent, through cutbacks and higher restrictions on savings. It is expected to raise $320 billion in revenue from wealthy Americans, while cutting middle class taxes by $175 billion.

During his SONA, the president asked, “Will we accept an economy where only a few of us do spectacularly well? Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?”

He also pushes for lower mortgage insurance premiums that seek to help about two million borrowers save an average of $900 a year if they purchase or refinance their homes.

Another way Obama plans to help the middle-class is to provide free community college tuition, a 10-year plan costing $60 billion, which hopes to aid up to nine million students save an average of $3,800 a year.

The president also called on Congress to pass a bill that would require all U.S. companies to give employees seven days of paid sick leave a year.

He pointed out, “So the verdict is clear. Middle-class economics works.  Expanding opportunity works.  And these policies will continue to work, as long as politics don’t get in the way.”

But it seems politics is indeed getting in the way. President Obama, as expected, has already gotten some strong opposition from Republicans who control the House and Senate. In the past, the GOP leadership has been against increasing taxes and fees for the rich to reduce taxes for the middle class. For now, it remains to be seen if the president can manage to pull some strings as he strives to make a lasting impact in his last two years in office.

You may contact Henni Espinosa at henni_espinosa@abs-cbn.com for more information.

7 Comments on this post.

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  • Delia
    20 January 2015 at 7:32 pm - Reply

    After 6 years of Obama, there is absolutely no relationship between his words (like tonight) and his actions. None whatsoever. No matter what words come out of that teleprompter, his actions will not bear them out. In six years that has been the case.

    “You can keep your plan” becomes Jonathan Gruber words.
    Some say Obama lies whenever his lips move. I say,he simply cannot align his words with his actions. So it is naive to think that his words are anything but a platform for his audience.

  • noz
    20 January 2015 at 10:32 pm - Reply

    as usual, obobo is always the undying true commie spats his ideologue of wealth redistributions using the middle class as his excuse / coverup. in fact, obobo had been killing the middle class with his same old political dogma. millions of middle class status have been dead since obobo took office with his dirtiest political ploy, yet have the nerve to continue playing hardball tossing his dishonest schemes of pure bullcraps – “Middle-class economics works. Expanding opportunity works. And these policies will continue to work, as long as politics don’t get in the way”. obobo is caught with his own spitted political bullcraps – first he is advocating / true believer of FREE is GOOD, paid for by the 1% americans who are entrepreneurs, job creators / the americans with livelihood of good income / decent assets to one day, either in death or while still living they all can pass their hard earned / to the bone saved assets to their children, certainly obobo wants these assets of inheritance distributed to another welfare with another name called child tax credit, using children as an excuse to squeeze the hardworking taxpayers, while their children will be left with nothing / in turn, these children will be the future welfare recipients. obobo’s economic policies is communistic / at best un-american, anti business with his unfair taxations, proven it never worked, instead will further be killing the middle class with jobs created were / are mere seasonal part timer positions, hired during christmas holiday, low skilled jobs, while many college educated graduates are out of work. second, obobo is playing like he is the employer of america, instead of how to be an exceptional leader as POTUS, oh wait – i have been saying obobo is not a leader / will never be a leader bc he has no idea on how to be a leader, as the saying goes – if you ain’t gonna get it, you’ll never get it, no matter what, being clueless is incurable. case in point – why is this clueless obobo into his socialist, commie in your face to america’s employers by forced is the MUST fringe benefits of paid sick leave, and increase wages through congress bill. BTW, obobo wants more freebies – free community college educations for all who wants to go to college, this is without a doubt a thoroughfare for illegal aliens’ welfare dream act. obobo is now going desperately insane with all his FREEBIES going to be toppled by the heavy elephants, who will seat their hulking, big butts on the donkeys, ready to send the over 90 million people on obobo’s welfare list hiding under his belt back to work, being the elephants as the hugger of pro business, mind you businesses are people too, unlike obobo not only the tree hugger, but well known sicko liar, always into lying of his SOTU speech, taking self credit on the best economy is bc of him being the POTUS. so the question is if the economy is good so how come this liar obobo cannot come clean to say – why is it, there are still over 90 million welfare recipients, the burden of the hardworking taxpayers, that won’t go away like herpes. the signs EBT, food stamps are all over the businesses of towns / cities / counties of the entire USA, which were never ever seen before in this exposure magnitude, which obobo owned / accomplished. obobo’s speech is nothing but to fool the ill informed people he knows damn well he can fool, enabled by his commies, socialists, far out lefties, limping, lame streams medias into indoctrinating the public with twisted, spinned informations to make obobo look good / great. all these commies, lame streams medias are nothing but slobberers of obobo, will go into extent of cooking the truth, in order to cover up obobo’s failures / incompetency, voted in power by gullible, duped people.

    the Washington Post / ABC News, both are far out lefties, limping, lame medias, salivating on obobo’s socialism, commie stance have been sending their readers / viewers to the neighborhood cleaners for thorough brains dousing, with their dogged informations gone down the floor dancing the twist, all the way to spin and never ending spinnings, to hit the debacle stage. so what do you all expect, these are the over 90 million freebie takers, bloodsuckers poll responders, who are lovers of obobo’s commie economic schemes.

    • Delia
      21 January 2015 at 7:19 am - Reply

      NBC News ( Brian Williams, Richard Engle, Andrea Mitchell, a Chuck Todd) just skewered Obama for being so detached from reality. Most said his statements during the SOTU address were not supported by facts. IOW, they essentially called him a liar. Can you believe it, NBC News. This guy is as done as any turkey I have ever seen. BTW, the NYT said Obama was arrogant, “even cocky”.

      Well, NBC and NYT has waken up to reality , hopefully the rest will follow soon.

      • noz
        21 January 2015 at 8:51 am - Reply

        good to know Delia, that these pro obobo medias have ran out of flowery words to tell their captured viewers, they all have conned in the first place. my guess is these medias are simply distancing themselves to pave the way for killery 2016, another form of conning the public, who mostly couldn’t care less on educating self about the candidates they are voting for, but like sheeple of stronghold unions or lifer voters because of ethnicities, and without a doubt for being black living in america, have given the edge to demonicrap politicians. I don’t think these limping medias will be supporting the elephant values, one of them is, healthy people must make their own money / not be dependent on the hardworking taxpayers. these limping medias are instrumental in spreading the hate for the rich people as evils, and must be legally robbed with maligned hefty taxations, like fighting fire with fire. i hope, i am wrong, that these lame medias really are now into fairness for the truth to prevail.

  • filam
    21 January 2015 at 10:38 am - Reply
    • Delia
      21 January 2015 at 11:28 am - Reply

      @FilAm ,Yeah well lol , What a shame our country’s first Black president is also the one with the most serious personality disorder.

      The envy he preaches is a form of greed, and an especially insidious one, because it is being greedy with what belongs to other people. That kind of greed has led to much slavery and death throughout the 20th Century, and is now raising its ugly head in the 21st.

  • Fil Am
    21 January 2015 at 10:58 am - Reply

    Here are five facts about the state of our union that Pres. Obama neglected to mention in last night’s speech:

    While calling for higher taxes, Obama failed to mention that the federal government took in a record $739 billion in tax revenue in the first quarter of FY15 and STILL ran a $176 billion deficit.
    A record number of Americans are not in work force – including a record number of women not in work force.
    Obamacare has caused nearly five million people to lose their health plans and remains extremely unpopular with Americans.
    More than 46 million Americans have been on food stamps for 38 straight months.
    The price of ground beef is at record levels.