Tuesday during his State of the Union address, President Barack Obama touted the stock market and health care saying, “This is good news, people,” using that as evidence his policies are successful, he threatened to veto Republican legislation.
Obama said, “Our deficit’s cut by two-thirds. A stock market that has doubled. And health care inflation at its lowest rate in 50 years. This is good news, people. 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. We can’t slow down businesses or put our economy at risk with government shutdowns and fiscal showdowns. We can’t put families at risk by taking away their health insurance or unraveling the new rules on Wall Street, or fighting past battles on immigration when we have to fix a broken system. And if a bill comes to my desk that tries to do any of these things, I will veto it. It will have earned my veto.”
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