"To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth."
These 350 or so notable economists notwithstanding, Obama later doubled down: "This is what independent economists have said -- not politicians, not just people in my administration. Independent experts who do this for a living have said this jobs bill will have a significant effect for our economy and for middle-class families all across America. And what these independent experts have also said is that if we don't act, the opposite will be true. There will be fewer jobs; there will be weaker growth."
3) Obama surrogate Steve Rattner recently said that Obama's stimulus worked -- as confirmed by "bipartisan" economists. As proof, Rattner offered the findings of "bipartisan economists Mark Zandi and Alan Blinder," who "agree that ... we would have had unemployment substantially higher than what we've had over the last two years."
Blinder, a Democrat, served as a member of the Clinton administration and later advised presidential candidates Al Gore and John Kerry. As for Zandi, he did serve as a presidential campaign advisor to John McCain. Like Blinder, Zandi is a self-described Democrat.
Zandi likes "maverick" McCain, a Republican who voted against the first George W. Bush tax cuts using the same left-wing argument about the cuts benefiting the rich. Zandi's man, summoning his inner Dennis Kucinich, once said, "I cannot support a tax cut in which so many of the benefits go to the most fortunate among us at the expense of middle-class Americans who most need tax relief."
As to the alleged unanimous expert opinion on the effectiveness of Obama's stimulus, Stanford economist John Taylor debated this on NPR with Zandi. Taylor's analysis, shared by many other economists: "I just don't think there's any evidence. When you look at the numbers, when you see what happened, when people reacted to the stimulus, it did very little good."
4) Democrats never tire of trotting out Senate Minority Leader Mitch McConnell, who said his "single most important political goal" was to make Obama "a one-term president." Horrors! Why, doesn't this just make McConnell the very personification of sinister! Republican opposition for the sole purpose of bringing down Obama, the first black president, yada, blah, etc.
Apparently, it is outside the brain capacity of people like Morgan Freeman to understand something: One way to defeat bad, leftist Democrats' policies is to defeat bad, leftist Democrats, who seek to implement those bad, leftist policies. It's not complicated.
Larry Elder is a best-selling author and radio talk-show host. To find out more about Larry Elder, or become an "Elderado," visit www.LarryElder.com. To read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com.
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