The numbers, by Mark Steyn:

^Here's one example of his and his speechwriters' hideous laziness:^

^If there are bright young Americans who have the drive and the will but not the money to go to college, we can’t afford to send them… South Korean children are outpacing our kids in math and science.^

^That last bit is true – but it's nothing to do with money. According to the most recent OECD figures (2007), the Koreans spent $5,437 per primary-school pupil; we spent $10,229. For education as a whole, the Koreans spent $7,325 per pupil; we spent $14,269. They not only "outpace our kids in math and science"; they do it by only spending half as much.^

^That's the problem, and whichever hack speechwriter put those ridiculous words in the President’s mouth surely knew it. As did the President. We spend more than anyone but the Swiss on education, and by any rational measure at least half of it is entirely wasted: That model is why this country is dying, and the President just went on TV and bragged to the world he has no plans to change it.^

That's just one example. All in all the speech was a miserable failure as a creative response to Republican ideas. Massive new taxes, cut defense spending, ignore the rest. Nothing we couldn't have heard from any Democrat over the past thirty years.