Shades of Richard Nixon…during the presidential campaigning season of 1968, it was reported that Tricky Dick had a secret plan to end the war in Vietnam. Forty years later, another president has another secret strategy to end yet another crisis. Barack Obama, the biggest spending politician in American history, will announce shortly after Labor Day his latest scheme to repair an ailing economy which his previous ministrations have made palpably worse. While vacationing on the Vineyard with the rich and famous, Obama has apparently pondered the latest dismal unemployment statistics that have occurred on his watch–9.1%–and decided that what he needs to do to is…spend more of other people’s money. Well, hell. That’s no secret. That’s what he always wants to do.
“I need you to keep your pressure on your elected representatives for things like the payroll tax cuts or road construction funds or the other steps that will help to put our country back to work,’’ Obama told attendees at an economic forum in Iowa during his recent whistle-stop tour of the Heartland aboard the Bi-Polar Express, the $1.2 million presidential bus that was built by workers in Canada, thereby helping the Canadians keep their own unemployment down. But how is an Administration that believes Food Stamps create prosperity going to create anything except more dependents?
“If people are able to buy a little more in the grocery store, then someone has to stock it, shelve it, process it, package it, ship it,” said Secretary of Agriculture Tom Vilseck. “All of those are jobs. It’s the most direct stimulus you can get in the economy during these tough times.”
With 46 million Americans on the Food Stamp dole, the economy should be booming. However, as Matt Cover writes (CNSNews.com):
This claim, however, obscures the fact that both saving and investment are also economically productive activities contributing to credit availability and business growth respectively. It also ignores the fact that taxpayers whose money is used to fund food stamp programs may have spent their money on other things, including food, thus also contributing to the economy.
Obama has been promising “shovel-ready” jobs since Inauguration Day, but the only things he’s given us that are shovel-ready are his promises.
Related stories: Double Dumb Is Leading To Double Dip (Conservatives On Fire)
Barack Hussein Obama MUST Go (Texas Fred Blog)
Let Them Eat Cake… (LeatherneckM31)