Archive for the ‘Obama’ Category

GOP For Tax Breaks, Except When Democrats Are

Friday, January 29th, 2010

Obama had a lot of bad ideas in his State of the Union address. But one good one was tax credits for businesses that hire workers. This seems like the kind of smart governance we sorely need—a welcome break from the backwards thinking that tends to be the norm. Rhode Island, for example, has had such difficulty in keeping up with unemployment benefits, it has had to borrow about $127 million from the federal government. In order to avoid even more debt, however, the state is looking to raise unemployment taxes on businesses, which means even less money in the pot for hiring. In other words, state unemployment benefits could drive unemployment higher. A tax credit, however, could give businesses incentives to hire, reduce the amount they owe in taxes, and avoid higher spending.

So conservatives should be all over this one, right? Well, The Heritage Foundation isn’t. And check out this House Republican response which ignores the credit and just talks about all the other taxes Obama is cooking up. So what’s so bad about the tax credit? Well, all The Heritage Foundation says that it didn’t work because small businesses didn’t know about it. But isn’t that easy to fix? Heritage also predict that the credit will prolong unemployment because businesses will put off hiring until they can get the credit. But wait, I thought businesses wouldn’t know about it anyway? For another perspective, check out this New York Times story, which cites specific sources and a study that say the tax credit did and will work.

In truth, the tax credit is something that Republicans should at least welcome, if not embrace. How do I know this? Because Republicans already have. Back in Rhode Island, the Republican governor proposed a similar tax credit at the state level. And even Rep. Eric Cantor, the House Republican whip, praised the idea. But then he changed his mind after a ‘closed-door’ House GOP meeting.

State of the Union Pet Peeves

Thursday, January 28th, 2010

Beyond the factual errors and policy miscalculations, there was so much in the State of the Union that was just downright annoying. Below, in no particular order, is a list of what peeved me the most.

● From the start, Obama claims the worst is over. Really? Unemployment was at 7.2 percent when Obama took office. Last month it was at 10 percent. How about that housing market? Well, the sale of previously owned homes is at a 40-year low. And we have all that government-induced inflation to look forward to.

● Obama says the country can’t afford partisanship right now. Which is code for Republicans shouldn’t be critical.

● Obama also warns against fear and division. Read: grassroots conservative activism.

● Without the bank bailouts, Obama says unemployment would be double what it is today. Remember, this is the same guy who claimed that his stimulus plan would keep unemployment at 7 percent. By 2010.

● Obama says his commission to cut spending is not a gimmick. Which is exactly what it is.

● He says it is common sense to spend trillions to rescue the economy and avoid leaving the country in a mountain of debt.

● He blames TV pundits and CEOs for cynicism. How about politicians who can’t deliver on their promises?! (See nos. 1 and 4).

● He thinks he can solve health care, the economy, and global warming all at once. But he can’t. He also says that the country needs to face the hard truths. Is he listening to what he’s saying?

● He says America draws its strengths from its ideals. Then he mentions equality. Which is fine, but what about freedom? And, by the way, those ideals are citied in the Declaration of Independence, not the U.S. Constitution, Mr. President.

Obama and the Limits of Rhetoric

Thursday, January 28th, 2010

President ObamaIf President Obama’s State of the Union speech accomplished anything last night, it was in showing the limits of speeches.  Of course, Obama marshaled as much rhetorical firepower as he could for the occasion. He urged Americans to answer the call of history. He spoke of a deficit of dollars as well as trust.  And, in a nice turn of phrase, he conceded that although he won on the promise of change we can believe in, some Americans aren’t sure they believe the country can change. Indeed, what a difference a year makes. Such phrases might have struck a chord or stirred passion at the inauguration, but last night they seemed flaccid and cliched. The man who called on Americans to pick themselves up, dust themselves off, and remake their country, seemed to be doing the same to his presidency last night.

And what a mess it was. Instead of offering a comprehensive vision for American recovery, Obama dished out a hodgepodge of meta-policies and micro-initiatives: the good, the bad, and the fads. In the good column: tax credits for hiring and loans to small businesses. Not good enough: a plan to freeze spending, except for defense, except for all the enormous entitlement problems, and not until 2011. The very bad: Obama stuck to his guns on health care and suggested that that creating a massive new government program would bring down the deficit—a claim that defies belief, if anything in his speech did. And, meanwhile, Obama still wants to end global warming and get gays into the military. Ending the war in Iraq and winning in Afghanistan, meanwhile, were afterthoughts. Ditto for homeland security.

And as much as Obama tried to respond to the anger, anxieties, and frustrations of ordinary Americans, his choice of words was revealing. He said he knew their pain, but not, as Clinton did, that he felt it. But does he really know it? With double digit unemployment, a housing market in a bottomless free-fall, and cash-strapped businesses, his words failed to measure up to the gravity of economic reality. Like the emperor without clothes, Obama seemed as much deluded as his audience.

Obama Not So Hip When It Comes to Health Care

Wednesday, November 11th, 2009

When it comes to health care reform, President Obama is more old hat than hip, according to this Wall Street Journal columnist:

In a world defined by nearly 100,000 iPhone apps, a world of seemingly limitless, self-defined choice, the Democrats are pushing the biggest, fattest, one-size-fits all legislation since 1965. And they brag this will complete the dream Franklin D. Roosevelt had in 1939.

The culture still believes the U.S. has a hipster for president. But the Obama health-care bill, and maybe this whole administration, is starting to look totally out of sync with the new zeitgeist, the spirit of the age.

Everything about the health-care exercise is looking very old hat, starting with the old guys working on it. Max Baucus, Patrick Leahy, Pete Stark—all were elected to Congress in the 1970s, and live on as the immortals in Washington’s Forever Land. But it’s more than the fact that Congress looks old. The health-care bill is big, complex, incomprehensible and coercive—all the things people hate nowadays.

Fareed Zakaria—hardly a bullhorn for the right—sounds a similar theme in a recent Washington Post column.