Tag Archives: Unemployment

News

Why do conservatives accuse Obama of engaging in “class warfare”?

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From the left-leaning Politico. (H/T Dennis Prager)

Excerpt:

Obama has characterized Republican votes against his jobs bill — which are predicated, at least in part, over concern that new, temporary spending financed by tax increases will not help the economy — as a rejection of the most wholesome of American workers.

“They said no to more jobs for teachers, no to more jobs for cops and firefighters,” Obama said during a speech Wednesday to the administration’s Forum on American Latino Heritage, “no to more jobs for construction workers and veterans, no to tax cuts for small-business owners and middle-class Americans.”

But in these same remarks, Obama also subtly suggested something far worse — that his opponents are racially biased.

“I ran for president for the same reason many people came to this country in the first place,” he explained. “Because I believe America should be a place where you can always make it if you try, a place where every child, no matter what they look like [or] where they come from should have a chance to succeed. I still believe in that America. I believe we can be that America again.”

The clear suggestion is that someone has made this country a place where what a child looks like can hinder them — and Obama is the one who can erase the discrimination that has been permitted to return.

First lady Michelle Obama made this point more explicitly at a Washington fundraiser the night before.

“Will we be a country where opportunity is limited to just the few at the top?” the first lady asked. “Or will we give every child — every child — a chance to succeed, no matter where she’s from, or what she looks like, or how much money her parents [have]? Who are we? That’s what’s at stake here.”

Her suggestion that “what’s at stake here” in the 2012 race is whether a child will be judged by color is an outrage, implying that a Republican victory would result in discrimination.

Obama’s rhetoric has become increasingly shrill. I find it very alarming that the President of the United States is somewhere to the left of celebrity blowhards like Michael Moore. How does he expect to negotiate with people in good faith when he is constantly impugning their motives and caricaturing their policies?

In other news, Herman Cain, who is black, leads by 8 points in the Iowa Caucuses. Wouldn’t it be funny to see Barack Obama, who is only half-black, take on Herman Cain in a debate, and accuse him of racism? The rich, pampered Ivy-league ACORN trainer against the businessman with a Masters in Computer science from Purdue, whose mother was a cleaning woman, and whose father worked three jobs.

Commentary

Should the Occupy Wall Street protesters move their protest to Washington, D.C.?

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From the Wall Street Journal.

Excerpt:

Still, if anyone in the Occupy Wall Street movement wants an intellectually honest explanation for why they can’t find a job, they might start by considering what happens to an economy when the White House decides to make pinatas out of the financial-services industry (roughly 6%, or $828 billion, of U.S. GDP), the energy industry (about 7.5% of GDP, or $1 trillion), and millionaires and billionaires (who paid 20.4% of all federal income taxes in 2009). And don’t forget the Administration’s rhetorical volleys against individual companies like Anthem Blue Cross, AIG and Bank of America, or against Chrysler’s bondholders, or various other alleged malefactors of wealth.

Now move from words to actions. Want a shovel-ready job? The Administration has spent three years sitting on the Keystone XL pipeline project that promises to create 13,000 union jobs and 118,000 “spin-off” jobs. A State Department environmental review says the project poses no threat to the environment, but the Administration’s eco-friends are screaming lest it go ahead.

Then there are the jobs the Administration and its allies in Congress are actively killing. In June, American Electric Power announced it would have to shutter five coal-fired power plants, at a cost of 600 jobs, in order to comply with new EPA rules. Those same rules may soon force the utility to shutter another 25 plants. Bank of America’s decision last month to lay off 30,000 employees is a direct consequence of various Congressional edicts limiting how much the bank can charge merchants or how it can handle delinquent borrowers.

These visible crags of the Obama jobs iceberg are nothing next to the damage done below the waterline by the D.C. regulations factory, which last year added 81,405 pages of new rules to the Federal Register, bringing the total cost to the U.S. economy of regulatory compliance to an estimated $1.7 trillion a year.

Less easy to quantify, but no less harmful, are the long-term uncertainties employers face in trying to price in the costs of ObamaCare, Dodd-Frank, the potential expiration next year of the Bush tax cuts, the possible millionaire surcharge, the value of the dollar and so on. No wonder businesses are so reluctant to hire: When you don’t know how steep the trail ahead of you is, it’s usually better to travel light.

If you want to know who is really to blame for poverty, try looking at the Obama administration.

Videos

Paul Ryan explains how raising taxes hurts job creation

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Here’s Republican budget guru Paul Ryan, explaining WHY Republicans fight so hard against higher taxes on job creators.

I think more Republicans need to explain the basics of job creation to the people, and often.