Wednesday, March 17, 2010

A Sequel Worse than Weekend at Bernie’s II

February 9, 2010 by Anthony Bialy  
Filed under Commentary

The best thing about creating jobs is that it costs taxpayers nothing.  The worst thing about creating jobs is that the current administration doesn’t know the best thing about creating jobs.  Employers and consumers used to hash out financial exchanges among themselves to the benefit of the economy.  But President Obama prefers the alternately strange technique of charging the public to invent employment for them.  A president fundamentally opposed to drilling for energy sources has no problem with digging a deeper recessionary pit everyday.

Those buried under frigid mountains in the Washington area can take consolation in knowing something good came out of Snowpocalypse.  Namely, the icy misery at least prevented the Senate from shoveling through a $100 billion work program that won’t work.  Unfortunately, the ensuing eventual thawing will allow an enabled Obama will once again do to the economy what he did to Martha Coakley, Jon Corzine, and Creigh Deeds.  The difference is that this time the nation and not just some ghastly Democratic candidates will suffer.

Also, this administration is still bafflingly scheming to concurrently save the economy and Earth.  It’s too bad they’re awful at helping the former, not to mention that the latter doesn’t need rescuing.  If green jobs are so efficiently worthwhile, businesses would already be investing in them: they’d love to hire workers to build hybrids in solar-powered factories for enthusiastic customers to purchase.  Instead, the leaf-and-twig-based economy remains superfluously ineffective.  The industry will become worth the investment about the same time when Minnesota’s frigid windmills commence spinning.

Hiring people to work for Mother Earth embodies the ruling party’s completely misguided course.  Namely, the administration’s interest ends with the job offer.  For example, attempting to create hiring with tax breaks places all the emphasis on the start and not the during part.  Lamentably, they’re attempting to create something with nothing: there’s no reason to produce supply without demand.

Economic revival isn’t a matter of simply hiring people.  At present, the new workers will simply be loitering in offices and factories instead of doing so at home.  New work positions are a byproduct of a robust economy.  And Democrats are again displaying that they have no idea how either of them come into existence (h/t Jonathan Hoenig).

Instead, their leader would rather wallow in sentimentality.  Obama clearly watches too many romantic comedies: it’s safe to wager that he invariably gets weepy when Tom Hanks and Meg Ryan run toward each other and embrace blah blah barf.  But, as with securing gainful labor, the commencement of a relationship is merely a first step.  The bulk of the effort comes in maintaining, not meeting.  Hoping that the magic of meeting is enough to sustain a connection is a foolish way to approach any relationship.

Instead, Democrats strive to spread hours around as well as wealth.  Unemployment isn’t significantly and lastingly declining for good reason.  Namely, company owners fear losing any profits not confiscated by anti-profit corporate taxes to environmental regulations, the inconceivable cost of free health care, or excessively empowered unions.

On top of that, there’s no reason to produce goods if the public has scant money with which to buy them.  And it’s not as if there’s much present hope for genuine federal relief.  Under current circumstances, the government confiscates a great percentage of private capital to fund jobs programs intended to create more private capital.  And there’s your excuse to imbibe a cocktail.

The next significant chance to alter our crummy outlook comes when voters initiate a revolution from high school gyms and libraries on November’s first Tuesday.  Meanwhile, counterrevolutionaries can state their goal now: Tea Partiers merely want to end the practice of taxing virtually everyone who’s ever handled currency.

Particularly, letting rich people buy stuff with their money would do wonders for our dire financial situation.  In addition to the delightfully reactionary concept that people should be able to keep most of what they make, our comrades in Washington should know that private spending helps the economy more than any federal plot ever will.

Additionally, earning enough capital to buy, say, an Escalade is good for all those union government workers on Cadillac assembly lines.  Investment from the top hat and monocle set is singularly responsible for fiscal growth.  But the White House would rather treat our wealthy fellow citizens as enemy combatants than as economic superheroes.

The White House wants people hired.  Sadly, they don’t recognize that workers need, well, work in order to have a reason to clock in everyday.  All the administration sees is a percentage.  They’ll be pleased if the unemployment mark declines regardless of how much artificial rigging is necessary to achieve the desired result.  But they can’t even cheat correctly.  They’re presently losing the game they attempted to fix, although they naturally and sadly won’t stop trying to vainly engineer the system.

This isn’t healthy.  If Obama was trying to get in better shape, he’d go three days without eating or drinking  just to make the number on the scale go down.  Of course, such a heedless fitness strategy is spectacularly dangerous on top of the fact that it’s not real weight loss.  But that won’t stop the president from thinking we’ll be less sickly if we keep starving and dehydrating ourselves.

Anthony Bialy is a freelance writer and “Red Eye” Conservative in Western New York.  He blogs at http://thebuffalobean.com and tweets at http://twitter.com/AnthonyBialy.

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