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Monday, January 05, 2009
Dan Gainor :: Townhall.com Columnist
Obama Comes Up With 'Create'-ive Solution to Jobs
by Dan Gainor
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With unemployment at 10.2%, what will happen by the end of Obama's first term?



What a difference a year makes. President-elect Barack Obama hasn’t even taken office and we’re experiencing climate change.

Not the global warming variety that keeps bypassing the bone-chilling American winter. It’s change in D.C. Obama, who promised a government of “change” unveiled a switcheroo in his Jan. 2 radio address, also available on the Change.gov Web site.

Obama is releasing details of his economic recovery plan that includes spending hundreds of billions of dollars. It also entails a major jobs component. “The No. 1 goal of my plan, which is to create 3 million new jobs, more than 80 percent of them in the private sector,” he says in the new video.

That’s quite a goal for a new government that only recently was snowing the American public and the media on the very same issue. Call it the great snow job of 2009. It wasn’t the fluffy, light kind of precipitation reminiscent of Hallmark cards. This was the heaviest kind that buries us 3 feet deep.

It was all part of how Obama was getting away with the Big Lie on the economy. Only a few days before the latest Obama comment, his economics team was running around the country saying they will “save or create” 3 million jobs.

Sometimes. Other times, they claimed they would actually create 3 million jobs. Before that, the number was 2.5 million.

Listen to some of Obama’s top snowmen. First up is former Clinton Treasury Secretary Larry Summers who will head the White House National Economic Council in the Obama administration. According to a Summers op-ed in the Dec. 28 Washington Post, “a key pillar of the Obama plan is job creation. In the face of deteriorating economic forecasts, Obama has revised his goal upward, to 3 million.” Summers goes on to say that “more than 80 percent of these 3 million jobs will be in the private sector.” Summers sums it up by say: “This is a bold goal.”

Then we have David Axelrod, a senior adviser to the incoming president. Axelrod told a CBS “Face the Nation” audience the very same day that job creation isn’t the real goal – stopping unemployment is. “So we want to create 3 million – or create or save 3 million jobs to forestall that.”

In an amazing exercise in doublespeak, Axelrod even referenced the Summers op-ed and still, using an appropriate Clinton-era term, parsed it differently. Continued...

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About The Author
Dan Gainor is The Boone Pickens Free Market Fellow and director of the Media Research Center’s Business & Media Institute.
 
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cheap work
I will be standing in line for my job,free gas,free rent,free health care,free ins.,and all my bills.

It's clear to conservatives...reprised
I overlooked something very important in my submission (#20 from Chuck) earlier today. I said:

It's clear to conservatives...
... but others either can't understand it or don't want to.

"Give a new business tax abatements for employing workers and then the workers have incomes on which they are taxed. The idea is to make choices that leverage the tax revenue."

This is the way it should work under normal Federal tax plans but many of the newly employed may have marginal skills at best, and may pay no tax, plus get government subsidies besides.

This means that taxpayers pay for the creation of jobs, along with the business incentives and whatever else is part of it, plus paying the subsidies of the newly employed who will be paying no taxes themselves.

Make the subsidies high enough and why will anyone want to be employed in lower paying jobs?

And that wouldn't stimulate the economy.

Chuckles

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