Conservative
Type 40
excellent read in Forbes.
On the Failed Job Creation Front, Obama Has Completely Run Out of Ideas - Forbes
On the Failed Job Creation Front, Obama Has Completely Run Out of Ideas - Forbes
Unemployment is the millstone around President Obamas neck in the 2012 election campaign. Attentive voters understand he is offering excuses a worse-than-expected economy, financial crises requiring longer recoveries, bad luck of tsunamis, droughts, and the Euro not solutions. Obama cannot deliver solutions because a real jobs program contradicts his core principles, alienates his base, and infuriates his crony contributors. He can only promise more of the failed policies stimulus and tinkering of his first three and a half years.
Obamas vaunted Jobs Task Force has not met for more than a half year. Obama is out of ideas. He can only offer excuses, criticize those offering new solutions, and divert attention from the worst recovery in history with chatter about the rich not paying their fair share and his opponents tax returns.
what a real jobs program looks like...
(specifics on linked page)
- Measure No. 1: Prove that you are not anti-business.
- Measure No. 2: Do everything in your power to reduce energy costs.
- Measure No. 3: Create conditions that encourage businesses to hire and the unemployed to seek and accept jobs.
- Measure No. 4: Reduce uncertainty of households and businesses caused by unsustainable deficits and uncertain future tax liabilities.
- Measure No. 5: Free the housing market from government intervention to work off excess inventories quickly.
- Measure No. 6: Cease and desist promoting crony-capitalist government-private partnerships that serve political agendas rather than earning profits and creating jobs.
- Measure No. 7: Seek and accept the resignations of die-hard Keynesian advisers behind the failed trillion dollar stimulus and who favor more stimulus.
If Obama had enacted these policies (which would have garnered strong Republican support) a year ago, a strong recovery would be underway, the U. S. economy would be on its way to regaining its competitive edge, and jobs would be expanding. He would be sailing to an easy electoral victory by reaching across the aisles to get things done for the American people.
Instead, with two months until the election, Obama presides over the worst economic recovery in history, despite a catastrophic increase in federal debt under his administration. The unemployment rate is stuck at 8.3 percent, of which 40 percent are long term unemployed. The 13 million unemployed are joined by another 10 million, who are underemployed or have given up looking for a job. The poverty rate is the highest since the mid 1960s, and a half million workers have joined the ranks of the disabled, many as their unemployment benefits expired.