President Obama would have you believe the economy is doing nicely, thank you. He likes to float job creation numbers, or should I say he likes to create job creation numbers? He didn’t miss a step when unemployment dropped to 5.8 percent. Oh, and look how well the stock market is doing. Forget about the Fed.
Certainly, it was the lousy economy that turned voters sour on the failed policies of Obama. “They (Democrats) became the party of economic despair,” wrote Dan Henninger in the Wall Street Journal, “The party of economic despair will always lose.”
Keynesian Democrats continue to push for more spending, and the president’s idea again is to put people to work building roads and bridges. Remember the Stimulus and those shovel ready jobs?
I’ve written in the recent past how long-term unemployment insurance removes the incentive to work. I recall the president asking Congress to pass an unemployment extension bill that would have turned it into a two-year disincentive. If Congress had done so, unemployment would have risen.
Too many Americans took advantage of a system that was meant to be a temporary cushion, and stopped looking for work as long as the free ride continued. When it didn’t, they went to work.
The president’s unwillingness to clear the way for the jobs promised by a Keystone Pipeline go-ahead didn’t go unnoticed by voters either as they view big government is for government jobs.
