THIS IS A MUST READ ROBERT KIYOSAKI BLOG:
Tonight, to much pageantry and pomp, President Obama will stand before the nation and deliver his annual State of the Union address. In his address, Mr. Obama is expected to push for new government spending on infrastructure projects, education, and scientific research while calling for deep cuts in other parts of the nation's budget.
I wouldn't be surprised to also hear him talk heavily about the economy—more specifically about how we are in a recovery.
Mr. Obama has had a roll lately. With a new Republican congress in place, he's moved to the center, even showing signs of being a business friendly president. This, coupled with eight straight weeks of gains in the stock markets and encouraging economic reports, has sent his polls soaring to over 50 percent — numbers he hasn't seen since August of 2009.
The thrust of Mr. Obama's speech will be one of "competitiveness." Despite the record $1.3 trillion budget deficit, he will make the case for increased spending to address fears that we are losing ground to China.
Tonight will be an interesting battle to watch in the spending war going on between Republicans and Democrats—a war that will be decided this spring when the Congress must vote on whether to increase the Federal debt ceiling or not, something I wrote about on this blog last week ("The Boiling Point").
Despite the hoopla, there is much about our state of the union that won't be talked about tonight.
Continue to read on to ROBERT KIYOSAKI BLOG:
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