Thursday, November 12, 2009

Jobs summit?

Another one from the "what the hell are they thinking or not thinking" file. President Obama, in the face of continued unemployment (now at 10.2%) with no growth in the private sector (GDP did increase in the thrid quarter but only because the growth was in government spending without any consumer spending and no business investment; again CIG=GDP) and the looming threat of increased taxes on businesses, both small and large, which will then be passed down to the consumers (i.e. you and me), has announced that he will have a jobs summit at the White House in December.

Of course Mr. Obama while announcing this initiative has already taken credit for saving the economy. He points to "jobs, created and saved" (which is bogus), a slowing of layoffs (but they're still happening), an increased GDP (which is bogus as explained above) as how he has already saved the economy. This jobs summit is just to continue what he has already done to further the recession.

Remember one tenet about liberalism: It's always about feelings and good intentions, not about what works. President Obama is doing his own version of Clinton's "I feel your pain." As long as they show they have compassion and your well-being at the forefront of their pea-sized brains, liberals are successful and thus better than their evil conservative libertarian colleagues who will wail and screech and lament that conservatives and libertarians actually believe that if the government lays off and you work hard enough, then you will be fine. But that's too much.

This jobs summit is all about talk. Even if business leaders do suggest that the new taxes are crushing their means and their incentives to create new jobs, Obama will give in to the labor unions (like when he did when he took over Chrysler and GM) but at least he listened. Good intentions is the hallmark resume item of any liberal politician. It is why Ted Kennedy was hailed as such a great statesman, despite the fact that 94.7% of his agenda was never, ever even brought to a vote! He failed! Good intentions get you in the door, but failure ensures you lifetime membership in the liberal country club.

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