President Obama proposes tax reform and entitlement reform, says he knows it will not be easy. Also, he seems to accuse congress of causing more "manufactured crises." I think it's more likely that it's the news organizations that created such terms.
Obama uses the "smarter government" line, I hope he's referring to high quality education. Though it seems he is talking about bringing manufacturing back to the US, along with more science and math - "more R&D not seen since the space race." Hoping these ideas will continue to work!
Big announcement though, Apple will start making Macs in America again! Glad they are planning to do something with all their cash here in the USA.