Obama: 'We Need Smarter Government'

President Obama addressed the nation Tuesday night, calling for unity within the government and the need for economic reforms to get the financial system back on track. “It’s not a bigger government we need, but a smarter government that sets priorities and invests in broad-based growth,” he said. He went on to describe what that smarter government would include: a federal minimum wage of $9 an hour, universal preschool education, cap-and-trade carbon regulation, immigration reform, and stricter gun control, among other things.