What's Wrong With America's Job Engine? - WSJ.com

HITLER AND CHAMBERLAIN REDUX: What's Wrong With America's Job Engine? - WSJ.com

Check the BLS statistics on those with and those without a college education. The dichotomy is telling.

The US needs to be pro-business so the economy is in an expansive mode.

With the rank anti-business policies of Obama and the pandering he does to the public to try and convince them that his policies aren't responsible - plus of course, no changes to those policies - he is a lost leader. He hasn't a real clue as to what is going on.

Somehow, the analogy of Obama as Hitler (in economic socialist terms) and the Republicans as Chamberlain (trying to hold Hitler/Obama back) come to mind.

Obama is trying to argue for 'peace in our times' and this time, the Republicans have a cohort of strong resisters.

It will be interesting to see how it eventually plays out.

But, Obama's policies have deprived the economy of the life blood necessary to take advantage of the loose money from Bernanke. And, Obama hasn't a clue he's doing anything wrong or that his policies are such a causative factor.

The 1930's has lessons here - (see Laffer's articles); and, so do the Carter years.

In both cases, bad policy from Washington was crippling the economy and in both cases, the Democrats in charge didn't see themselves at fault.

We can hope for the best but, so far, the evidence points to a greater need to prepare for the worst. The president will be in office for quite a while still and the Dems control the Senate.