The Housing Chronicles Blog: President Obama explains his stimulus plan

Tuesday, February 24, 2009

President Obama explains his stimulus plan

If you happened to miss President Obama's State of the Nation speech tonight to Congress, you can find it online at numerous places (including here at CNN).

I thought there were numerous 'take away' points that would much discussed tonight and tomorrow, most of which were included in Andrew Sullivan's live blogging of the event:

9.37 pm. I like the historical references to using crises to make long-term investments: the ability to do two things at once:

In the midst of civil war, we laid railroad tracks from one coast to another that spurred commerce and industry. From the turmoil of the Industrial Revolution came a system of public high schools that prepared our citizens for a new age. In the wake of war and depression, the GI Bill sent a generation to college and created the largest middle-class in history.

This is lethal politics and strikes me as very much attuned to the mood of the public. And how great it is to have a president refer to American history with intelligence and acuity.

Click here for the entire blog post.

Click here for watch the speech on demand at

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