Saturday, September 17, 2011

Obama Wants Fairness More than Jobs

Karin McQuillan

Surely Obama has noticed that his stimulus policies have not created jobs. The assumption by his economic advisors that spending a trillion dollars automatically creates 2.5 million jobs has not worked out for him -- or us. Unemployment and poverty are at record levels and the federal government is insolvent. Thanks to Obama's belief in stimulus spending, our debt will be 100% of our GDP by 2014 -- Greek territory. There is another factor at play. Our president has made it completely clear that for him, making America a more fair country trumps mundane economic considerations. As it turns out, every time he acts for fairness, he is also rewarding his political base and holding onto power. So our president keeps hoping that by doing good, he will do himself good -- as he defines good. Those who disagree with him are not just wrong; they are selfish and unfair -- in a word, Republicans.

He is not going to limit public unions' abuse of power, their ruinous benefits that are bankrupting cities and states -- the unions provide his army of campaign workers. He is not going to rationalize and lower our tax rates to bring in more revenues and stimulate the economy, not if it benefits "the rich." Our President would rather America be Virtuous than Rich, and we are all going down with him. But oh, how pleasantly sanctimonious Democrats can feel that they are against the selfish and for the needy. America may not have an economy anymore, but hey, we have only half as many millionaires. Doesn't that make you feel better? Money isn't everything -- not to our fair-minded president.

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