Obama’s Maddening, Winning Speech

Barack Obama’s poorly received State of the Union speech deserves a second look. Conventional wisdom pronounced the SOTU a relatively weak Obama effort. It was. Diffuse, filled with the usual enemies, it pulled together various back-filed policy ideas into a proposal he called, with a straight face, “An Economy Built to Last.”

Bemused election-year observers remarked that both ObamaCare and the nation’s entitlement bomb passed unmentioned. In his reply, Indiana Gov. Mitch Daniels noted that we are not going to be able to outrun the simple math on entitlement spending. That’s true. We can’t. But Mr. Obama just may for the next 10 months.

How? By exploiting political vulnerabilities in the Republicans’ case against his presidency. Republicans think it’s all about the bad economy. It is. But Barack Obama is going to do something his opposition wouldn’t think possible. He’s going to take ownership of the American economy. Not the real one, but the one he’s just made up, “the economy built to last.” It won’t last long, but long enough.

In the days after his Washington lecture, Mr. Obama took a shorter version of his SOTU speech on the road—to Colorado, Michigan, Iowa, Nevada and Arizona, states he needs in November. On the White House website, you can see him give this campaign tuneup speech at the new, $5 billion Intel chip-fabrication plant in Chandler, Ariz. It’s worth watching and pondering. You’d think the best and the brightest would be beyond Mr. Obama’s crude populist pitch. You of course would be wrong.

About 6,000 Intel employees—young, well-educated technology sophisticates—applauded and cheered Mr. Obama from start to finish. Even when he ripped into those awful American companies with factories overseas, such as their own employer. “An America where we build stuff and make stuff and sell stuff all over the world.” (Applause.)

Read More at The Wall Street Journal By Daniel Henninger, The Wall Street Journal