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War. financed by borrowing from overseas this in turn has shortchanged investments in our own people and contributed to record deficits. for too long we have put off tough decisions on everything from our manufacturing base to our energy policy to education reform. as a result, too many middle class families find themselves working harder for less. our nation's long term competitiveness is put at risk. >> greta: was president obama using this speech in part to blame president bush? karl rove joins us. karl before we get to this, let me turn your attention for a second to the breaking news out ...

War. financed by borrowing from overseas this in turn has shortchanged investments in our own people and contributed to record deficits. for too long we have put off tough decisions on everything from our manufacturing base to our energy policy to education reform. as a result, too many middle class families find themselves working harder for less. our nation's long term competitiveness is put at risk. >> greta: was president obama using this speech in part to blame president bush? karl rove joins us. karl before we get to this, let me turn your attention for a second to the breaking news out ...