The most common excuse
President Barack Obama offers for the nation’s continuing economic woes
is that those blasted Republicans in Congress are obstructing him from
passing new “stimulus” bills that they know would instantly revive job
growth. On MSNBC and in the comments section of media websites, this
argument is repeated, with GOP lawmakers called saboteurs, traitors,
racists and worst.
This is garbage, and on several fronts.
When
it comes to economic growth, Republicans are being consistent with the
policies they have espoused for decades. They believe the private sector
is what creates jobs and wealth, not government spending.
The
president, however, used the $787 billion 2009 stimulus bill not to
push private-sector growth but in large part to keep money flowing in
the economy by backfilling the coffers of state and local governments so
they could avoid laying off public employees. On June 9, when Obama
infamously said “the private sector is doing fine,” the context of the
rest of his remarks showed no evidence that he wasn’t saying exactly
what he believes. The president went on to say the bigger problem was
job losses in state and local governments – a point that builds on his
comment about the private sector.
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