It's the Economy, Obama People
Economist Brad Delong served in the Clinton administration. Delong knows several people in the Obama administration and is amazed by how out of touch they are.
When people in the White House ask me whether I think Obama's SOTU address should be about tax reform or Social Security reform (i.e., 2/3 Social Security benefit cuts, 1/3 tax increases offered by the administration--and God alone knows what happens after that), I want to say: Why not make the SOTU address about jobs and economic recovery?
Perhaps the Obama administration need to watch the documentary The War Room. The movie chronicles the successful 1992 Bill Clinton campaign. James Carville wrote the words "the economy. Stupid." Many Americans are either unemployed or underemployed. President Obama needs to talk about the economy and jobs. If Obama claims the tax cuts will stimulate the economy then he and the American people will be sadly disappointed.