Satire alert: The following excerpt is fictitious.
From the SOU address he didn't give:
In this decisive year, you and I will make choices that determine both the future and the character of our country. We will choose to act confidently in bombing the ____ out of small depraved countries -- or retreat from our duties in the hope of an easier life. We will choose to build our prosperity by taking over the world economically -- or shut ourselves off from trade and opportunity. In a complex and challenging time, the road of isolationism and protectionism may seem broad and inviting -- yet it ends in danger and decline. The only way to protect our people ... the only way to secure the peace ... the only way to control our destiny is by bombing the ____ out of small depraved countries -- so the United States of America will continue to bomb the ____ out of small depraved countries.
Administration backs off Bush's vow to reduce Mideast oil imports
By Kevin G. Hall
Knight Ridder Newspapers
WASHINGTON - One day after President Bush vowed to reduce America's dependence on Middle East oil by cutting imports from there 75 percent by 2025, his energy secretary and national economic adviser said Wednesday that the president didn't mean it literally.
I know this is just wishful thinking, but when the Depilated Simian sits there trying to convey "gravitas" (and failing miserably), wouldn't it be more honest for him to give a breezy wave to the cameras and say: "Hi, suckers!"?
Paul Craig Roberts, former Reagan administration Treasury undersecretary, doesn't agree with W's relentlessly optimistic assessment of the US economy:
Americans are constantly reassured that America is the leader in advanced technology and intellectual property and doesn't need jobs making clothes or even semiconductors....During Bush's presidency, the US has lost its trade surplus in manufactured Advanced Technology Products (ATP). The US trade deficit in ATP now exceeds the US surplus in Intellectual Property licenses and fees. The US no longer earns enough from high tech to cover any part of its import bill for oil, autos, or clothing.
This is an astonishing development. The US "superpower" is dependent on China for advanced technology products and is dependent on Asia to finance its massive deficits and foreign wars. In view of the rapid collapse of US economic potential, my prediction in January 2004 that the US would be a third world economy in 20 years was optimistic. Another five years like the last, and little will be left. America's capacity to export manufactured goods has been so reduced that some economists say that there is no exchange rate at which the US can balance its trade.