In the very early days of the Obama administration, Vice President Joe Biden once infamously referred to the main mission of the new White House: "it's a three letter word: jobs. J-O-B-S. Jobs."
Leaving aside his inability to count, Biden was supposedly announcing the urgent task directly ahead for Team Obama: job creation. In fact, Obama and just about everyone else in his administration talked about focusing "like a laser beam" on creating jobs.
They set about doing it through a massive expansion of government and an orgy of government spending. A trillion over here for "stimulus," a trillion over there for bailouts, a trillion more for the first stages of ObamaCare, a trillion on top of that to cover the expanding, bloated government payrolls. The combination of record-breaking debt, suffocating new regulations, and the resulting overwhelming uncertainty has created a toxic environment that's making job creation incredibly difficult.
And yet, the supposed geniuses on the Left cannot see that their policies have been an abject failure. Or they see it, they just won't acknowledge it, because to acknowledge it means to acknowledge the utter failure of their entire ideology. So they stick to the policies and ideology that are destroying job creation and the free market. Then again, for them, that is the point.
They also know, however, that they must face voters who are unemployed, facing unemployment, losing their homes or facing foreclosure, whose 401ks are depleted, whose small businesses are going under, who have little to no disposable income and must ration whatever money they've got coming in every week. This is not a formula for electoral success for the party that has controlled everything until January. Now they control everything except the House of Representatives.
They know they've had two and a half years to fix the economy and get job creation going. They know that they've gone through every play they've got in their Left-wing, Keynesian playbook. They know they've failed, so they're desperately grasping at straws.
"Democrats Eye New Jobs Agenda," is the headline in Politico.com today. "Fearing the economy may be getting worse, Democrats plan to soon unveil what they'll call a "Jobs First" agenda - and the stakes are high. A bleak economic outlook, like the May jobs report, could cost Democrats their thin Senate majority and even the White House if they can't make a strong case to an anxious electorate that their policies will create jobs."
Excuse me? They've been in power in the Congress since January 2007 and controlled the White House since January 2009, and NOW they're trying to come up with a jobs agenda? Perhaps they could have had one if they didn't spend the first year and a half doing socialized medicine which nobody wants and which we can't afford. But of course, the point of ObamaCare was not health care "reform." The point of ObamaCare was to get government literally into every nook and cranny of your life. Government controls your health care, government controls you.
Now, all of a sudden, the Democrats are noticing that 9.1% unemployment rate, the total 17% unemployment rate, and the anemic number of jobs being created as well as the pathetic GDP growth rate, and they're freaking out. Not because they regret their policies, but because they might actually get punished by the voters for them.
They had their chance. They failed. Now comes their absolute, blind panic.
Recent Comments