History of economics summary of obama's speech Essay

History of economics summary of obama's speech - Essay Example The country maintained its figure by beating at the moon, but here has come up new challenges with varying difficulties to test ‘whether this nation would endure’ (remember Lincoln’s Gettysburg Address). As Craighill reports in Washington Post, 84 percent of speech-watchers responded positively to Obama’s speech. With regard to investment policy, Obama said that he would propose a new investment budget which aims at innovations in clean energy technologies and heavy reliance on nuclear power in order to meet the challenge of exceeding dependency on fossil fuel (McGreal). The most potential aspect of Indian as well as Chinese model of investment he finds is their genuine concern in education especially in math and science. â€Å"Over the next ten years, nearly half of all new jobs will require education that goes beyond a high school degree† he reminded. He also reminds the Republicans who are skeptical about huge investments that â€Å"cutting the d eficit by gutting our investment in education and innovation is like lightening an overloaded airplane by removing its engine†. Obama intended to ensure the Republican support as he said they were at the moment to determine ‘if government’s growth is left unchecked and unchallenged’.