By Jerry McConnell
In a FoxNews.com article online February 07, 2011 titled, “Why Can’t Obama Do the Math On Jobs?” economist and author John R. Lott, Jr. showed that the
oft-reported and widely trumpeted super intelligence of Barack Obama is far off the mark.
Lott reported that in an address to the U. S. Chamber of Commerce on that date, Obama’s message was that the Chamber, concurrently with the business world, has an obligation to start creating jobs; claiming that “the government has done what it needs to do and any failure lies with the private sector.”
What a bunch of crapola, as Archie Bunker would say; Obama saying that the government has done what it needs to do” is exactly backwards. The government has done what has caused the problems of unemployment with its insane fiscal policies forcing gigantic layoffs and terminations of employment in the workforce raising unemployment numbers to historic levels.
And Obama saying “any failure lies with the private sector” is equally fallacious. For the past two years since his inauguration the unemployment numbers have been steadily rising from less than five percent to above ten percent and currently just a tad below that. If he can’t see that, he is more blind and uncomprehending than a third grade student competing in a Mensa exam.
Unemployment is so bad that over 1.5 million Americans have left the workforce since August, according to John Lott. Ironically, these departures of work seekers from the unemployment rolls work against them as it causes the unemployment percentage numbers to decrease.
Obama: Any failure to create jobs is the problem of businesses
Lott goes on to say, “It is simply unprecedented that 19 months into the recovery, more and more Americans keep on quitting the labor force. But to President Obama, the failure for this anemic job growth is clear. He believes that government programs have created the ideal conditions for economic growth, and any failure to create jobs is the problem of
businesses.”
What government programs? The “Stimulus” program, still being referred to as the “Stinkulus” program by the public sector due to its lack of accomplishments in providing jobs for the unemployed certainly doesn’t qualify. The takeovers of the auto industry, banks, and now the medical profession are great examples of inefficiencies in government programs. It is apparent that the only ones benefiting from those government programs are labor union bosses who have cut themselves into the profits picture of the auto industry and exemptions from unpopular provisions of the ObamaCare health program.
In Obama’s weekly radio address on Saturday, Feb. 5th, cited by Lott, the President states, “Now, I understand the challenges you face. I understand that you’re under incredible pressure to cut costs and keep your margins up. I understand the significance of your obligations to your shareholders. But, ask yourselves what you can do to hire American workers, to support the American economy, and to invest in this nation.”
After mentioning Obama’s references to “subsidizing the research in green energy to ‘win the future,’ we just need to make more efficient lighting and windows to heating and cooling…make buildings more energy-efficient… making windows and insulation and buildings that save more energy.”
Arrogance of socialist central planners
Lott added: “This is the arrogance of socialist central planners: Obama believes he and his administration know better than individual companies how they can earn the most money. He has blamed the financial crisis on greedy banks and ascribed almost every other problem—from
Chrysler’s bankruptcy filing to higher oil prices—to greedy speculators. Today he talked of how government must protect Americans from “harm or exploitation” by businesses. His regulations have tried to “fix” this problem of greed. He is now appealing to businesses’ civic duty to create jobs for the good of the nation. President Obama might deny that he is a socialist but that is the logical end result of many of his current policies.”
I am in total agreement with Lott’s insistence that Obama, who has never been a businessman nor even labored in a business atmosphere, just doesn’t understand the business community. In his speech to the U. S. Chamber of Commerce he stated that he would push for corporate profits to be shared by American workers. Again, his Socialist nature comes through loud and clear; take from the rich and give to the poor.
By doing this he is in effect placing a tax on the corporations just the same as if he designated these funds that he takes from the business and gives to the workers as a tax. You know, ‘if it walks like a duck, and quacks like a duck.’ and as Lott says, “It is just another way of increasing taxes. American companies already face the highest corporate tax rates in the world.
And the man keeps insisting that he hasn’t raised taxes! Super intelligent? You make the call.
2.09.2011
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