Assigned Reading: More Dems Attacking First Stimulus
(FROM: The Hill)
I’m not surprised to see Democrats splitting off, little by little, and voicing discontent about President Barack Obama’s policies. It’s only natural, given the tumble in the president’s overall and issue-specific approval ratings. And, expect it to continue as we officially head into mid-term season — heck, as Americans everywhere continue to lose trust in the Democratic Party when it comes to specific issues, we’re already seeing Democrats announcing retirement and conceding defeat.
Even in Democratic Party discontent, however, signs of statism and faith in government abounds. Consider the statement by Illinois Congressman Bobby Rush in the piece chosen for Assigned Reading:
Rep. Bobby Rush (D-Ill.), the chairman of a new, bipartisan Congressional Jobs Now! Caucus, said that he and his colleagues have “enormous dissatisfaction” with the stimulus and the $700 billion bailout for banks that was approved in 2008.
He said Washington hasn’t done enough for Main Street in comparison to Wall Street, where banks are again offering record bonuses.
“The big business has prospered, and the little guy, the small-businessman, the factory worker, the government workers have all been hurt and harmed in this economy,” Rush said. His new caucus includes 128 House members.
The dissatisfaction stems from not enough government, when real discontent should come from the continued assertion on Capitol Hill that more government is the answer. As we’ve seen time and time again, it is not.
Sure, the right kind of stimulus–focused on truly shovel-ready infrastructure projects–could have created some short-term jobs, but long-term reversal of the current unemployment trend lies in reducing the cost of doing business for business. The right kind of change can come from adjustments in the Tax Code which would provide incentives for investment and expansion of business (scrapping it altogether and replacing it with a two-tier flat tax or a consumption-based tax would be even better), and regulatory solutions which could make America attractive for business again.
There’s a reason why Boeing is expanding operations and creating up to five thousand jobs in North Charleston, South Carolina instead of Flint, Michigan. South Carolina is a right-to-work state, and the overall cost of business is far lower than up in Jennifer Granholm’s living example of Liberalism in Action. Plus, I happen to think that the area is beautiful.
Point being — discontent is fine, but it’s important that we understand the reasons behind it. The American people are starting to get it. Now, we just have to ensure that the Democrats know that another “jobs” bill isn’t the answer.