HAVING A CLUE: Peggy Noonan: America Is at Risk of Boiling Over - WSJ.com: "- Sent using Google Toolbar"
You've certainly hit part of the nail on its head - i.e. if we could be optimistic (as producers, investors, job creators, etc.) then the economy could rebound; but, with the focus of the government on everything but rewarding producers and letting people earn what they get and keep what they earn, is it any wonder that people don't have jobs - but wonder why; and, business has to look to not go bankrupt - so it tries to stay competitive, which often means invest, create jobs, sell, etc. outside the US.
To note that the political class doesn't get it, one needs only look at California, New York, etc. To see that organized labor doesn't and hasn't gotten it, one only needs look at the UAW, public employee unions and teachers unions.
So, if the political class and organized labor don't get it, then a great many leaders are dragging the country down, not up. (If this wasn't true, then where are the jobs and where's the educated work force we need?)
It will be interesting to see if the Republicans can (at best) sideline their flat-earth religious cohort to focus on jobs and economic well-being. Christine Romer leaving her White House position may be an admission of failure - but, more likely, she just doesn't have a clue - nor is she leaving someone at the White House who has a clue.
Friday, August 6, 2010
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