President Obama to Create New Government Agency?
What do you get with a President whose approval rating is in free fall, an economy teetering on the edge of a second recession, and a government spending far more than it brings in? Why, another bloated government agency to solve all the country’s problems of course!
According to the New York Times, President Obama is considering merging “the Department of Commerce, the Office of the United States Trade Representative and some economic divisions at the State Department” into a brand new agency. Great, established bureaucrats, and no doubt hundreds if not thousands of new ones will be working “together” to do the job that President Obama obviously can’t: create jobs.
According to the Times, the new department could be called the Department of Jobs, maybe the Department of Competitiveness – we’re sure the President’s administration is trying to figure out which name polls better.
What the department would actually do has not been defined. Considering that the President only has one idea for creating jobs (spend more money), it seems unlikely that a department devoted to that idea would do much good for the country.
The President has decided to focus on small issues that he thinks will rebuild the economy, but his ideas are either about more spending or oddly contradictory. For example, he wants to create a tax credit for companies that hire unemployed disabled veterans. That sounds good, right? But remember the President also wants to tax businesses more. So this tax credit will either be wiped out with the increased taxes or just keep taxes at the current, uncompetitive rate.
Unfortunately for Americans, this President still hasn’t realized how the economy works, that his policies not only don’t appeal to voters, and they also don’t make sense under the circumstances.