"Sweet Like Sugar"

Yesterday, at a town-hall style "meeting" in Annandale, VA., the 44th POTUS, knowing what he'd be asked and how to answer, continued to bombard the public with "doom-and-gloom" predictions of how awful America currently is and will be 10 years from now (he even used TWITTER! HE'S SO COOL!). Unless Obama's carrying around a crystal ball, how can he predict the future like this? And if he can predict the future, why didn't he intervene years ago so that he wouldn't need to "inherit this mess." Maybe he's masochistic, but nevertheless, don't be fooled. His claim of what lies ahead is as credible as his affirmation that taxes won't be increased to pay for his domestic policies of Cap and Trade and Obama-Care. His approach of buttering up his policies is at the utter of politics. Things are always sugar coated in hopes that the initial sweet taste will be enough to get it through congress. But throwing a little bit of water on the topic usually washes away the saccharine and exposes the bitter center.

Obama's proposals of Cap and Trade and Obama-Care are like giant jawbreakers with a bitter center. Tons of hard sugar shield very, very sour details. An example of this sugar is Mr. Bill Burton, the 44th's Deputy White House Press Secretary and former campaign press secretary.

Yesterday, he was interviewed by Juan Williams of NPR on Fox News’ O’Reilly Factor about the current Cap and Trade bill that narrowly passed through the House last week. Williams poked and prodded at the FACT that Obama promised his economic policies would not require ANY tax increases; but the prodding was deflected by Burton. Upon broad inspection, it's apparent that Obama based his entire campaign on the promise to give 95% of Americans a tax cut. Maybe his crystal ball was cloudy but now it seems that Obama will be forced to approve tax increases, be them direct or indirect, in order to pay for his policies (he can't see one year ahead, let alone 15, or even 20). The money simply won't just appear out of nowhere (and yes, inflation is just as damaging if not more so than a tax, so printing money is not a solution either). This undoubtedly makes Barton and the rest of the Obama administration sweat.

To cover for his boss, Barton defended that the President's words were “not written in stone.” This may be true, but when a presidential candidate is on the campaign trail, he is without question speaking with a very sharp stylus for a tongue. On behalf of Obama, Barton stated that the bill was "first and foremost a jobs bill" that would create green jobs. Mmmmm, pretty sweet, huh?

After attacking the jawbreaker, sore tongue and all, the bitter center is exposed. Green jobs will be created by energy legislation; this is fact. It is reported, however, that the resulting job loss from green legislation will be much greater than job creation by as high of a factor as 2.2 to 1. "The loss of jobs could be greater if you account for the amount of lost industry that moves out of the country due to higher energy prices," said economics professor, Gabriel Calzada of King Juan Carlos University in Madrid.

This is key, and is very revealing of Obama’s crystal ball policy making. He promised to “save or create 4 million jobs” by 2010. If he can create 4 million green jobs, but 8 million are lost, he has not broken a promise. If green legislation doesn’t pass, he can always claim that he saved jobs; “heads we win; tails I win, and you thank me for saving jobs.”

Approving green legislation will eliminate American jobs by Cap and Trade taxes, and by forcing American businesses to outsource to foreign countries. China and India, the two largest industrial economies in the world, behind the US, have not signed on to green legislation. They will not be taxed by Cap and Trade on industrial production like US businesses will, making their products significantly cheaper. This will force American businesses that try to renovate to meet green standards to buy the cheaper, foreign products, inevitably driving American industry companies out of business.

With the unemployment rate at 14.7 million (9.5%), Obama’s promise of creating 4 million green jobs will single-handedly raise unemployment to 19.5 million, a STAGGERING 12.6%, the nations highest since the 1983 recession! This is strictly based on the results of the Madrid study, and does not account for the loss of jobs due to outsourcing. HOW BITTER DOES THAT TASTE?

Conservatives may be doing a lot of red-flag waving; and the Statist response is “well, do you have any better idea?” The answer is yes; keep the government out of the American economy and let the free market figure it out. And even if this solution isn’t good enough for a Statist to accept, it should be pointed out that at least there is agreement across party lines that this is not the best solution.

FYI...Michael Jackson will NOT be buried at Neverland.

Don't forget to change your light bulbs.


-TCM