Reality and the Economy

I’ve focused on education, elections, and the Gulf oil spill lately. Let’s review what’s been happening on the economic front. Remember those latest job numbers? Remember how the president rejoiced that more than 400,000 jobs had been created? Remember also how about 90% of those jobs were temporary census worker positions?

It’s as if he didn’t understand how phony the increase in jobs really was. Or he did understand and doesn’t mind. In his worldview, a job is a job. In the real world, though, there is a distinct difference between a government job and one in the private sector. The latter actually creates prosperity; the former takes people’s tax money. Add to that the temporary nature of the census worker positions and there’s no real improvement at all. We’re playing games with the numbers.

Congress has been a useful ally for the president. They keep floating proposals for a climate bill that will drive up costs, throw people out of work, and lower productivity. The push for such a bill is primarily ideological; again, we have an approach that is disconnected from reality.

Every time Congress holds a hearing on “green” policy, the economy is threatened.

The entire Democratic economic plan could have one benefit—it might solve the illegal immigation problem.

That’s not my idea of a good solution.