Well, tomorrow is the Comrade's big day. He gets to lead a pep rally that the whole congress and representatives from all other branches of are compelled to attend. No doubt all the TV networks, including cable TV, and the radio stations will carry the address. He's probably brushing up his letter sweater as we write.
A few things to consider: the government-created jobs will not and cannot help the economy. Every job the government creates, like someone to sit in the window of the Labor Dept. and make sure no homeless are sleeping on the lawn, paying $125,00 annually, with lifetime benefits, represents only an additional expenditure from the public treasury. That means the private economy will pay for it. Such a job also would supplant probably three jobs at lesser pay in the private sector.
If the Comrade talks about "investment" in education, you must ask: So if I get a Ph.D. in MIS or anything else -- where will I work? Will I ever be able to apply my skills and knowledge anywhere. Plus the fact the federal government now completely controls all student loans... any "investment" in education just beefs up government coffers. In other words, the feds invest more in itself. Does that help the economy?
If the Comrade talks about "investment" in infrastructure, please someone ask: With TARP and the Stimulus, it should have been possible to pave every inch of the USA and rebuild every damn bridge in the nation. So where did all that money go? Or are we going to rip up the highways around O'Hare Airport again, snarl up traffic, redirect everyone to remote parking lots, etc etc., and claim this is all for creating jobs? Again.
The biggest trouble with the US economy is that the feds are skimming too much off the top already -- off the top of what the private sector produces.
The government doesn't produce a goddamn thing, except paper work and inconvenience and more expense for the private sector. The Comrade can't change that. No one can.
I also find it laughable that the Comrade hires Jeffrey Immelt, CEO of GE, and one of the Daley brothers and claims he's gotten "business-friendly." Neither Immelt nor the Daley kid are exactly "business-friendly." Immelt is a perfect example of a failed executive in the private sector. GE stock has decreased in value while he's headed up the company, no doubt because he seems to spend most of his time in Washington, sucking up to legislators and trying to promote "green" technology -- in which GE has made rather unwise investments.
Daley is... one of the Daleys. What can I say? Three generations of this family have done nothing but "partner" with government when they aren't actively government functionaries. What business? What?
So I expect another load of crap from the Comrade. Maybe he'll toss a few sops to the US Chamber of Commerce or someone, counting on its being too polite to tell him to go jump in the lake.
But my honey, Paul Ryan, is giving the Republican response to the Comrade's speech, and I'm looking forward to that. So maybe we'll hear some real ideas and real solutions from him.
Save the Republic.
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