State of the Union Preview:
"Investment" vs. "Spending"
Should we compete by investing more in research, technology, education?
Or should we compete by cutting taxes and regulations on businesses?
—The spending clash. Mr. Obama’s aides have hinted for days that the president will call for a new wave of investment to spur job growth and keep the country competitive with its global competitors. But how much spending? And on what? How will he make the case in the face of Republican opposition to what they view as moving in exactly the wrong direction.