Stocks to Consider Post-SOTU
On Tuesday night President Obama delivered his 2013 State of the Union address, which mapped out a number of initiatives for the coming months and at least appeared to suggest that a smarter government would be better than a bigger one. I don't disagree that a smarter, more nimble organization is better than a bloated one. But, if we review the transcript of the address last night, we see the president then went on suggest greater government support for, if not intervention in, a number of areas -- education, immigration, jobs and the environment. It's difficult to see how Washington can cut spending and raise taxes while tackling all of those issues.
The key takeaway from the address is that, despite all of the talk, the political battleground over the sequestration and debt ceiling remain ahead of us. There were some bright spots in the speech, including Obama's proposal that we address aging infrastructure, as well as his discussion of the growing threat of cyber attacks....450 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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