Former Alaska Gov. Sarah Palin (R) is calling President Obama's “Win the Future” State of the Union address a "WTF speech" — referring to a different phrase.
On Fox News and on her Facebook page, the would-be GOP 2012 contender criticized Obama's Tuesday address, saying the WTF acronym “seemed more accurate than much of the content." Palin criticized what the president said about energy, tax policy and investment.
In a Facebook message posted early Thursday, Palin slammed the president's address for advocating what she called inefficiently large government. She challenged Obama's promise that a planned high-speed rail system and new solar energy research initiatives would help the economy.
"These ‘investments,’ as the President calls them, include everything from solar shingles to high speed trains." Palin wrote. "As we struggle to service our unsustainable debt, the only thing these 'investments' will get us is a bullet train to bankruptcy."
Palin also criticized the president’s promises to simplify the tax code and close loopholes that, he said, give "billions in taxpayer dollars ... to oil companies."
"Cut away the rhetoric and you’ll also see that the White House’s real message on economic reform wasn’t one of substantial spending cuts, but of tax increases," Palin wrote. "When the president talks about simplifying the tax code, he’s made it clear that he’s not looking to cut your taxes; he’s looking for additional tax revenue from you."
Palin argues that the Obama administration and major American companies are in a mutually beneficial "collaboration.”
"Consider what his 'big-government greatness' really amounts to," Palin wrote. "It’s basically a corporatist agenda — it’s the collaboration between big government and the big businesses that have powerful friends in D.C. and can afford to hire big lobbyists. This collaboration works in a manner that distorts and corrupts true free-market capitalism. This isn’t just old-fashioned big government liberalism; this is crony capitalism on steroids."