Saturday, September 4, 2010

Wall Street Journal: State of the Economy Can more government stimulus lower the nation's unemployment rate?

IS THIS A DUMB QUESTION OR WHAT?: Wall Street Journal: State of the Economy Can more government stimulus lower the nation's unemployment rate?: "- Sent using Google Toolbar"

Why ask about more stimulus without looking at the causes of the problem first?

Each government policy, directive, regulation, etc. might be put on the table with the question, "Does it encourage investors and/or businesses to hire, start, expand a business - in the US?

Clearly the answer to almost everything touched by Obama and Pelosi would get a "no" answer.

As seen with Obamacare, it sounds nice but raises the costs of employment, investment and wealth creation. The list doesn't end quickly.

The US can't go back to the UAW world of the 1950's but clearly that's where the current administration and Democrats think they can take the economy.

Those individual states with the most Democratic-oriented policies, and especially those that have had them in place for a long time, clearly lead in all the wrong things - i.e. higher average unemployment, job creation and budget deficits (plus higher taxes).

It would seem to an unbiased observer that current policies are anathema to a job creating solution.

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