Obama was quite partisan in his remarks at George Washington University, attacking Republicans for being "deeply pessimistic." His plan calls for the usual Democratic class warfare approach of steeply taxing the rich.
As we've noted here at COTTonLINE on several occasions, taxing the rich simply doesn't work. It inhibits economic growth; causing the rich to engage in various lawful tax avoidance behaviors - "tax dodges" - that add little to the overall economy.
Republicans are certain to attack Obama's plan as classical Democratic tax and spend behavior. Harried by the Tea Party, the GOP means to reduce the overall size of government, not just talk about it.
