President calls for trade reforms to bring jobs back to U.S., tax fairness and more

By Mia Myklebust and Miriam Raftery

January 26, 2012 (San Diego)—The State of the Union address traditionally reviews the condition of our nation and previews the President’s legislative plan for the future. This year, Barack Obama’s speech had added importance as his last State of the Union address before the 2012 election.  The incumbent presidents challenges were to address successes of his current term and his long-term goals for a potential five more years.    

The President provided evidence that economic recovery is underway. He touted his administration’s success in combating terrorism, eliminating Osama bin Ladin, ending the Iraq War and improving America’s relationships overseas. In addition, he laid out ambitious proposals for “an America built to last.”  He issued repeated calls to action, among them:

•   Trade reforms and tax credits for businesses that bring jobs back to America
•   Tax “fairness” to help middle class Americans
•   Invest savings from ending the Iraq war into reducing the deficit and creating jobs
•  Creation of a Veterans Jobs Corps
•  Prevent high school drop-outs and provide incentives to stop tuition hikes
•  End oil subsidies, increase U.S. oil production, and support clean energy  technologies