Showing posts with label stimulus spending. Show all posts
Showing posts with label stimulus spending. Show all posts

McConnell Takes Obama to the Woodshed

Diposkan oleh Zainal Arifain

By Alan Caruba

On Tuesday, Senate Minority Leader, Mitch McConnell (R-KY) gave a response, in advance, to President Obama’s Thursday speech regarding the state of the economy.

“We’ve tried the President’s approach. It’s failed.”

I doubt that Sen. McConnell’s speech received much notice by the mainstream media, but it was as succinct an analysis of why everything the President has done regarding the economy has failed. Reportedly, Obama wants to throw more billions at “recovery.”

Much like the man caught in bed by his wife with someone else, Obama’s approach is “Who are you going to believe? Me or your lying eyes?”

Obama has a very big problem now. Even those who voted for him have removed their rose-colored glasses and concluded that they have mortgaged the present and their future to someone who has no idea how to fix that future. He will do what he has always done. He will blame someone or something else. The Bush administration. A Japanese earthquake. Hurricanes. Bad luck. And this time around, Congress.

Sen. McConnell is no silver-tongued orator. He’s not flashy or charismatic. He is, however, the quintessential conservative politician. In his address on the Senate floor he said, “I don’t think any one of us is under any illusion that the American people were particularly eager to see us come back.” That is refreshing candor.

“After two and a half years of being told that Washington had the answer to everything from the high costs of health care to high unemployment, people have every reason to be skeptical.” If Americans are skeptical of a sharply divided, highly partisan Congress, they are even more skeptical of the President.

“For more than two and a half years, under this administration, Americans have been hearing about the wonders that government spending would do for our economy, and about the dangerous consequences of failing to apply ‘bold’ solutions to big problems.”

Sen. McConnell paused and asked, “And what’s it gotten them?”

One thing Americans know about the Obama “Stimulus” is that there are 1.7 million fewer jobs in America since he signed it. “That’s not the kind of change people voted for three years ago,” said Sen. McConnell.

What, indeed, did people think they were voting for three years ago? Change? Hope? Those aren’t policies, they’re slogans.

What Americans don’t know about the Stimulus, Sen. McConnell noted, was that it is “the one of the single most expensive pieces of legislation Congress has ever approved. The interest payments alone are projected to cost an average of $100 million a day.”

“And here’s what the President told us...the Stimulus would save or create 3.5 million jobs.” As we now know, Obama’s answer to everything is more government. When his programs are criticized his answer is that it’s just politics. No, it is the failure of those programs that is obvious to anyone and everyone.

Sen. McConnell noted the ways, rather than admit failure, Obama has taken, such as agreeing to keep taxes from going up last December, but then he identified the source of our present problems. “The President is forever eager to embrace big proposals whenever government’s at the helm, but when it comes to doing the kind of things job creators really want, he’s suddenly timid. He’ll agree to a tax cut as long as it’s temporary.”

It was a long speech, but Sen. McConnell rounded it out by identifying what can and should be done. He called on the President to send Congress the three trade treaties that have been sitting on his desk for nearly three years. He called for a reform of the budget process and for a balanced budget amendment. He warned against a series of huge and costly regulatory proposals by the Environmental Protection Agency.

“We’ve tried the President’s approach. It’s failed.”

“Millions of Americans are looking for Washington not so much to do more, but for the first time in a long time, to do less—so that they can finally do what it takes to get this economy moving again.”

In the wake of the President’s speech, who are you going to believe? Him? We’ve tried that and it hasn’t worked.

© Alan Caruba, 2011
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How Crazy Is It?

Diposkan oleh Zainal Arifain


By Alan Caruba

How crazy is it to keep telling people the economy is recovering when everyone knows the “stimulus” was a complete flop and unemployment is up?

How crazy is it to keep wanting to spend more billions on “stimulus”?

How crazy is it to let the Bush tax cuts expire when every economist in America is telling you to extend or make them permanent?

How crazy is it for the federal government to sue Arizona for passing a law that directly mirrors a federal one intended to enforce the prohibition against illegal aliens?

How crazy is it to help fund a deepwater oil drilling operation off the coast of Brazil while refusing to allow it anywhere off the East and West coasts of America?

How crazy is it to refuse to open a tiny portion of the Alaska National Wildlife Refuge to drilling for oil at a time when we are importing sixty percent of oil from foreign producers?

How crazy is it to “reform” Medicare by adding thousands more to its rolls while telling everyone you were cutting its costs?

How crazy is it to pass Obamacare without telling people that many would lose their insurance while others would see their premiums increase?

How crazy is it to require utilities to purchase electricity from wind and solar farms when neither could exist without taxpayer subsidies, nor produces a steady supply?

How crazy is it to try to stop the building of coal-fired plants to generate electricity when the United States is the “Saudi Arabia of coal”, having hundreds of years’ supply?

How crazy is it to continue the moratorium on U.S. oil wells in the Gulf of Mexico, throwing more people out of work, denying the oil to the marketplace, and yet give money to Mexico so it can drill in the same Gulf?

How crazy is it to try to close Guantanamo when no U.S. state prison system and no foreign nation want to take the detainees? When one third or more of those previously released returned to the battlefield?

How crazy is it to continue blaming G.W. Bush for everything when you’ve spent more time on the golf course in a year and a half than he did during eight years in office?

How crazy is it to give a speech on the war in Afghanistan at West Point and announce when the U.S. will be leaving?

How crazy is it for the federal government to ban the incandescent light bulb?

I could ask this generic question many times regarding the Obama administration and some previous congressional actions, but they add up to something less than “crazy” and more like a plan to harm the nation and all Americans when it comes to energy, healthcare, and national security.

Some may say this notion is just plain crazy, but it may be closer to the truth than anyone wants to admit.

© Alan Caruba, 2010
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