As his aides had promised, Obama did “pivot” to the issues of economic growth and jobs. Yes, he has a plan to “reignite” the engine of a booming economy. Since it’s an Obama plan, it emphasizes what government can do far more than what the private sector can.
Part of the plan is to raise the minimum wage to $9 an hour, that would then index to increases in the cost of living – that is, making the country less competitive. His administration will host a Select USA Investment Summit “to attract jobs and investment to our shores.” He would pump more money into clean energy despite the whopping failure of green subsidies in his first term. He even lists renewal of the Violence Against Women as an economy booster.
My guess is the Obama economic plan has little or no chance of working. But maybe I missed something.