Poll Shows Voter Discontent Deepens Ahead of Obama Jobs Plan - WSJ.com
It would be nice if Obama understood that stopping his pro-union activities (Boeing, Gibson Guitar, NLRB decisions, etc.) would be more conducive to job creation than pandering to union hopes for a public works program that was already shown in Stimulus 1 to have far less 'shovel-ready' work than advertised.
Unions and Obama clearly have no sense of the cost of labor and regulatory burdens having any impact on the ability of a company to be profitable.
A scary statistic discussed in several articles over the weekend was to take the amount of borrowed money spent by the government and subtract it from nominal GDP. When done, the actual economy has had no growth over the last three years.
So, when we read and hear that people think inflation might be a way to grow the economy, we again see delusions - see:
http://professional.wsj.com/article/SB10001424053111904199404576536930606933332.html?mod=wsjproe_article_MoreIn
http://www.businessweek.com/magazine/content/11_08/b4216068265150.htm
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