Zero Jobs, Zero Confidence
Zero. The number of net jobs created in the entire month of August.
This hasn’t happened since 1945. As NetRight Daily puts it, “It is almost mind boggling to think about what may turn out to be this President’s singular accomplishment – ending a 792 month job creation winning streak for the American economy.”
Will this signal a change in President Obama’s policies? Hardly. Instead, it seems he will double-down on previously failed ideas – aka the stimulus.
As we mentioned last week, the Obama Administrations jobs plan will basically be a call for a second stimulus (because the first one worked so well).
The August jobs report seems to have had virtually no effect on liberal politicians. Democratic National Committee Chairwoman Debbie Wasserman Shultz said on Monday:
“So, every economist you would talk to that is worth their salt acknowledges that without the Recovery Act we would not be continuing on the upswing.”
Apparently the only economists that are worth their salt are ones who agree with liberals and ignore the numbers: steady 9% unemployment, just .7% economic growth in the first half of the year, dismal job creation numbers month after month and 3 out of 4 Americans believing the country is on the wrong track.
But I guess that’s what an “upswing” looks like to liberals.
On Thursday night we will hear a jobs “plan” from President Obama. Well, it started as a “specific plan,” but has since been called an “outline” and is even now being labeled as just the beginning of a bigger plan. It’s safe to assume there will be no scoreable specifics in this speech.
What we do already know about the “plan” is that President Obama will call for more infrastructure “investment.” This is exactly what the 2009 stimulus did, gave money to build roads and bridges and put up those signs all along the highway so that when you were sitting in traffic you knew whose fault it was.
We’ve said it before, temporary construction jobs aren’t going to fix this economy. The not-so-shovel-ready jobs created by the stimulus ended when the project ended or the money ran out. Such is the case with construction. Unless taxpayers continually funnel money to these construction projects, the jobs aren’t sustainable. This would essentially make construction jobs another big-government entitlement and create an added burden for taxpayers charged for keeping these people employed. Under this plan, someday our infrastructure will be akin to the Winchester House.
What conservatives in Congress must do to counteract this idea – which amounts to more deficit spending in order to reward President Obama’s union leader pals – is to get out every day with a clear distinction of ideas. Every day there should be TV and radio interviews, op-eds and press releases, press conferences and speeches aimed at promoting conservative ideas that don’t cost anything to implement and will actually created lasting jobs.
Ideas like tax reform, making corporate taxes more competitive globally and lessening the regulatory burden on businesses so that they can hire more workers and know just how much it will cost to do so in the coming years. These are ideas included in the House Republicans fall agenda and don’t add to the deficit.
Further, Congress can continually press the President to release the pending free trade agreements since both he and conservatives agree those will create jobs.
The Democrat-controlled Senate has been sitting on numerous jobs plans passed by the House. Liberals and the mainstream media are trying to claim that this is a do-nothing Congress, with the tone being turned on conservatives as if they are sitting on their hands. But in truth, the House has passed at this point at least 11 jobs bills, ranging from removing job-killing regulations, to removing crushing tax burdens and opening up drilling to create millions of new jobs.
All of these proposals have been ignored in the Senate.
This is not a do-nothing Congress, it is a do-nothing Senate, which has refused to pass a real budget in over 860 days (they did deem it passed, though) and has refused to take up any jobs bills passed by the House for purely political reasons. The proposals don’t add to the national debt, which is probably why Senate Democrats don’t like them.
If President Obama really wants to put “country ahead of party” then he needs to stop solely catering to his campaign stuffers and create jobs for the 20 million Americans who are unemployed or under-employed.