Review & Outlook: 5,100 More IRS Agents - WSJ.com

THOUGHTS ON OBAMA'S BUDGET: Review & Outlook: 5,100 More IRS Agents - WSJ.com

We should be focused on the percent of GDP spent by the government and its impact on the economy (see Art Laffer) and not on making sure everyone who took early retirement, didn't want to study or complete high school, etc. gets the same benefits and healthcare as those who went to graduate school and work 60 hour weeks.

Clearly the country is at an ethical divide here (is it comparable to the divide separating those folks who believe in 'birth control' from those who believe birth control is a 'sin'? I don't know.)

It was clear however that in talking about 'education' (and the need for more and better), Obama failed to challenge the seniority system of the public teachers unions who have created the greatest mess with respect to employment.

And, this is the immediate and most pressing need - to wit, that those with college educations have less than 5% unemployment right now (Dec 2010/Jan 2011). But unemployment gets lumped together for those with all levels of education and is reported at 9% (17% on U6).

Thus, the news media and politicians would seem to prefer to 'not' recognize the unemployment bifurcation (can they be that stupid?).

And, the same fail to recognize that the cost (capital) required to create jobs where large capital is needed to compensate for high salaries is huge (see LA 'shovel ready' report where the cost per job was $2 million each).

Thus, it would seem (off the top) that Obama is unable to grasp the true nature of employment, the source of much of the education problem and the need to support the creation of capital to create jobs (vs. giving it away in entitlement consumption).

One could go on and on - but it would seem as though Obama has dug himself a hole and doesn't know it.