President Zero – Read His Lips: No New Jobs

September 6, 2011 05:52

For President Obama, with job growth stuck near zero, the simplest question is a domestic one. How do you think jobs are created?

By Fred Barnes at The Weekly Standard


The president believes government is the premier job creator. Why? One reason is government understands markets better than the private sector, so long as the right people are in charge, like Obama himself.

Obama is especially fond of unemployment benefits as a job creator. His press secretary, Jay Carney, echoed his view in explaining how this works and insisting it would create up to one million jobs.

Can it really be that easy? Just hand out money to tens of millions of Americans and the economy experiences a growth spurt and the unemployment rate falls? The problem is it’s never worked that way. It didn’t on two occasions for President George W. Bush and hasn’t for Obama. Subsidizing “green jobs” is another expensive Obama favorite that’s failed.

The president’s blind spot is the mountain of impediments and disincentives to job creation he’s erected.


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