I Can’t Think Up A Witty Title.
Well, it’s September. I haven’t posted in a while because there’s been nothing going on. August was hot. Congress wasn’t in session. The Tigers’ season has been over for a while now. And I’ve been waiting for football to start.
But NOW, we’re officially into football and election season. WOO-HOO! While I could talk about football forever, this is not a football blog, and I’m not starting one now. This is primarily a political blog, and it’s a political time of year. And I can’t remember an election cycle that has been potentially more important than this one. Let’s review:
The economy still sucks. In fact, it’s worse then it was the last time I posted. Unemployment is up to 9.6%; we’ve lost another 54,000 jobs; and Christina Romer, one of Barry’s chief economic “experts” who is leaving the administration, has recently let all of us know that they’ve had absolutely no idea what they’ve been doing re: the economy.
She had no idea how bad the economic collapse would be. She still doesn’t understand exactly why it was so bad. The response to the collapse was inadequate. And she doesn’t have much of an idea about how to fix things.
That’s disheartening…and also completely obvious. Labor Secretary Hilda Solis has taken to authoring op-eds in the USA Today to try and convince America that the Democrat’s handling of the economy doesn’t resemble a monkey with a rubic’s cube.
The Recovery Act saved millions of American jobs — keeping health care providers in hospitals, teachers in classrooms, and police and firefighters on the beat. But the benefits weren’t just in the public sector. During the past eight months, the economy has averaged 95,000 new private sector jobs.
While I’d love to see her support for that last sentence, it doesn’t really matter. Unemployment will continue to go up until new jobs exceed 120,000/month (population increase). More importantly, there is no doubt that the economy is slowly getting worse.
The “summer of recovery” is followed by the “autumn of reality.” Let’s face it: if the Dems had any idea what to do about the economy, they would have done it by now.
B.O. has recently begun getting rid of the “drove it into a ditch” meme, and replaced it with “it’s taken us 10 years to get into this mess, so it’s unreasonable to think we could get out of the mess in 18 months” nonsense. Did it take us 10 years to get into this? I don’t know. I suppose one could reasonably argue it took one year, or even thirty-three years (the Community Reinvestment Act, which gave birth to the housing boom and bust, was enacted in 1977). I also don’t care how long it took us to get here. What I do care about is what is the current Administration doing about it? Well, it’s been 18 months and the answer is: spent a lot of money for nothing. Things haven’t improved, and the Dems are out of ideas.
So what should be done? Well, first and foremost, vote against the Dems in November. I know, I know…you don’t like the republicans either! O.k. Then go vote for the Green Party and pat yourself on the back for being “principled.” After that you can have your juice box and sandwich with the crusts cut off and take a nap. For the rest of us adults, we’ll choose a candidate with a chance of winning.
Simply put, there is job-creating capital out there waiting to be invested. It’s not being invested because no one has any idea what’s coming from this administration. For example, if you were a business owner with money, would you be spending it to reinvest or hire new employees if you thought your taxes were going to go up in January? Of course not. Doing something as simple as throwing the Dems out of the House would improve the fragile psyche of the economy.
But simply voting Republican isn’t enough. Pressure needs to be applied to those we vote for to do things like extending the Bush tax cuts for everyone. Other taxes need to be cut…payroll and capital gains, for example. Enact legislation which gives people the option to opt out of the slush fund that is Social Security. Limit Medicare to those that need it; not simply those that are old enough to get it. Significantly amend Obamacare and gut Fannie and Freddie.
Until we get the economy back on-track, nothing else matters. And there’s a lot going on that needs to be addressed beyond the economy…like why we’re ignoring Iran’s getting all nuclear and stuff.
It’s September…the kids are back in school, I get to drink new seasonal beer, and I get to watch football. More important, however, is the election coming up. We need to vote the Dems out…and then get ready for 2012, when we can vote out the guy who looks silly riding his bike. And don’t worry…I’ll be posting a lot more than I did in August in an effort to get you through these tough times.