Obamanomics’ Failed Policies?

Though this morning’s jobs report wasn’t as bleak as past months have been, it isn’t anything to celebrate. I don’t think that 345,000 more Americans losing their jobs is a positive thing, though the administration will likely spin it that way.

The way that they’ll spin it is by saying that we’re on the right track because the number of jobs lost is dropping. That spin is flimsy and won’t be taken seriously.

House GOP Leader Boehner isn’t sitting silent while this news is fresh. Here’s the statement he issued this morning:

Today’s unemployment rate is the highest in more than a quarter century, and it’s another reminder of how Washington is hanging middle-class Americans out to dry. More than 2.5 million Americans have lost their jobs this year, and what have the Democrats in charge of Washington given them? A trillion-dollar ‘stimulus’ that isn’t producing jobs immediately, as the Administration promised, and that Vice President Biden admits is ripping off the American people. Another $400 billion spending bill loaded with 9,000 unscrutinized earmarks. And bailouts that reward irresponsible behavior and bad business decisions. These policies are harming middle-class families when they can least afford it and adding to the massive debt inherited by future generations.

There is a better way. Doubling down on the Democrats’ plans to tax more, spend more, and borrow more from our children and grandchildren is not the right answer to this economic crisis. Republicans have offered better solutions to create more jobs, curb spending, cut taxes, rebuild savings, and control the debt, and we have reached out to our Democratic counterparts to work on these policies in a constructive way. I urge Democrats in Congress and the Administration to finally follow through on their promises of bipartisan cooperation.

I don’t know that this administration is serious about creating jobs. I suspect it is but I’m not certain of it. I can’t look at their irresponsible spending and see a purpose to it other than they’re satisfying their thirst for spending tons of money.

Leader Boehner is right on the money in saying this:

Doubling down on the Democrats’ plans to tax more, spend more, and borrow more from our children and grandchildren is not the right answer to this economic crisis.

In fact, the stimulus bill helped hide the jobless numbers:

For weeks, Greg Noel roamed the spine of the Green Mountains with a handheld GPS unit, walking dirt roads and chatting with people as he helped create a map of every housing unit in the United States.

Work was good: The sun was out, the snow was gone and the blackflies hadn’t begun to hatch. But now that work is over and Noel, 60, and more than 60,000 other Americans hired in April to help with the 2010 census are out of work once more.

I’ve said before that temp work won’t restore people’s confidence in the economy. In fact, it’s likely to have the opposite effect. Thus far, the only jobs that the Obama administration has created are temp jobs and government jobs. They haven’t shown proof that they’re interested in creating private sector jobs.

The Obama administration hasn’t been strong on changing from Plan A to Plan B when Plan A is an abject failure. They’ve been more stubborn and more arrogant than they claim the Bush administration was. Potentially, that’s a bad thing because their policies have failed.

In the end, it might be left to the American people to elect conservatives so that we stop heading in the direction President Obama is taking us.

TechnoratiTechnorati Tags: , , , , , , , ,

Cross-posted at LetFreedomRingBlog

3 Responses to “Obamanomics’ Failed Policies?”

  1. Liem Says:

    Temp and government jobs don’t help anybody. They’d be better off jobless and then homeless, because that’s what instills confidence.

  2. george Says:

    The economy would improve without stimulus. I, for one, will never buy a GM or Chrysler product again.

  3. USN Ret. Says:

    The constitution does not require the government to instill confidence, only regulate the economy. Confidence comes from ambition and the gut, not HUD or Treasury.

    We honor The Pursuit of Happiness, not the guarentee of it.

Leave a Reply