Unemployment Problem Must Be Obama’s Fault
By: Doug Busselman, Executive Vice President
If we’re supposed to believe that the benefits of the federal stimulus bill (and the jobs that President Obama would like to take credit for saving) should be hailed, worshiped and glorified – doesn’t that also require there being accountability for the not-so-good things we’re getting? This piece by Conn Carrell of the Heritage Foundation, rightfully assesses that there are economic reasons for things being as bad as they are and those reasons are linked to things that the current powers of Washington, D.C. screwed up.
This account would seem to indicate that there are reasons to believe that whatever might go up because of government spending also has a down-side when the spending binge wears off…to say nothing of the unbelievable debt and tax burden that has to be paid for on a going forward basis.
I can’t remember the person who is credited with observing (I think it was Sir Winston Churchill) that government thinking it can spend a country to prosperity is like believing you can lift yourself up by standing in a bucket and pulling upward on the handle. That sort of insight would be worth supporting for election in 2010…there certainly aren’t enough of those who have that basic understanding involved in our government bodies now.
If we’re supposed to believe that the benefits of the federal stimulus bill (and the jobs that President Obama would like to take credit for saving) should be hailed, worshiped and glorified – doesn’t that also require there being accountability for the not-so-good things we’re getting? This piece by Conn Carrell of the Heritage Foundation, rightfully assesses that there are economic reasons for things being as bad as they are and those reasons are linked to things that the current powers of Washington, D.C. screwed up.
This account would seem to indicate that there are reasons to believe that whatever might go up because of government spending also has a down-side when the spending binge wears off…to say nothing of the unbelievable debt and tax burden that has to be paid for on a going forward basis.
I can’t remember the person who is credited with observing (I think it was Sir Winston Churchill) that government thinking it can spend a country to prosperity is like believing you can lift yourself up by standing in a bucket and pulling upward on the handle. That sort of insight would be worth supporting for election in 2010…there certainly aren’t enough of those who have that basic understanding involved in our government bodies now.
Posted by Doug Busselman at 10/3/2009 10:30 AM 
Categories: Stimulus Package
Tags: Unemployment Government Spending
Categories: Stimulus Package
Tags: Unemployment Government Spending
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