American Elephants

National Unemployment? All the Tea Party’s Fault by The Elephant's Child


Outgoing Labor Secretary Hilda Solis has presided over a perfectly dreadful labor situation as millions drop out of the labor force. The increases in hiring, that the administration has bragged about, have not been enough to keep up with the growth of new entrants into the labor force. Was this the fault of administration policies like overregulation, over-taxation, uncertainty, not knowing what to expect from the rules for ObamaCare? Nah.

She said her biggest disappointment as Secretary of Labor was that she wished she would of “had the ability to get more businesses to understand the importance of having confidence in the economy and hiring up more people,” and hoped business leaders would help more young people coming out of college with more emphasize (sic) internships and mentorships (sic).

Solis also said that in many ways the Obama administration “did not get the kind of support we needed originally when he took office for the American Recovery Act funds” and blamed “a small group known as the tea party movement” for not engaging with the president and “hurting the American public, our economy, and the future of our country.

Well, there you’ve got it— the whole reason for an unemployment rate lingering in the tank for four years and counting: Businesses didn’t understand the importance of having confidence in the economy, and it was all the fault of a small group known as the tea party movement. If all those nice retired ladies out waving signs about cutting back on the spending had just hired people instead…


Enthusiasm For The Second Term Is Not Strong. by The Elephant's Child


Another Cabinet Secretary is departing. Labor Secretary Hilda Solis announced her resignation today. President Obama thanked her, expressed his reluctance to see her go, and described her as a particularly valuable member of his economic team.

Yesterday, I watched a video in which she praised the extension of unemployment benefits — because more unemployment benefits helped to create jobs.  ?  There’s a lot of strange and weird magic going on in the president’s economic team’s deliberations. Add an entitlement— create a job?

Republicans always worry about extending unemployment benefits, because statistics show that people are more apt to go out and find, or create, a job for themselves, when the unemployment benefits run out and doing something becomes a necessity. This is not a lack of compassion on the part of Conservatives, but simply a recognition of human nature. I’ve known any number of people who, upon losing their job and receiving unemployment benefits, promptly went on an extended vacation, figuring that they’d look for a job — later.

Democrats are fixated on Keynesian economics, and not even Lord Keynes’ real ideas, which he later recognized didn’t work. The idea that if you just inject money into society in any old place, that it will increase demand and thus get the economy working again has never worked. It didn’t work for FDR, and hasn’t worked for anyone else, but they still — believe.

ADDENDUM: The media reports I hear on the radio about Ms. Solis’s departure always begin with “The Highest-Ranking Hispanic” in the Obama Administration.  Could the media possibly give up on “diversity” and racial division? It isn’t race that matters, it is accomplishments or lack of accomplishments, and the content of their character.

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