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Tuesday, August 30, 2011
Obama Promises Radical Transformation of Jobs Picture in America, by doing the same thing over and over and over and....
Posted By CotoBlogzz
Rancho Santa Margarita, CA - President Obama promises a radical transformation of the job picture in America with his new plan to be unveiled next week, but amazingly doing the same thing over and over and over again…..For starters, Mr. Obama has nominated Alan Krueger, a Princeton University expert on unemployment, as his top economic adviser as he plots an 'urgent' new offensive on the jobs crisis.
In other words, Mr. Obama’s plan is no significantly different from Jerry Brown’s Jobs Plan for California: Do the same thing over and over again, expecting significantly different results
Mr Obama described Mr Krueger as one of America's top economists who understood the challenges that the country faces, although Mr. Krueger has yet to manage a lemonade stand.
Mr Krueger, if confirmed by the Senate, will serve as chairman of the Council of Economic Advisers and succeed long-time Obama confidante Austan Goolsbee who left the administration to return to academia in Chicago.
Jobs go where needed and stay where well treated.
California, aided and abetted by the symbiotic relationship between unions (CTA and SEIU spent over $500 million in ten years to buy favors from Sacramento lawmakers), lobbyists (lobbyists outnumber lawmakers by 10 –1) and parasitic bureaucracies (such as CLRC, LAFCO, AQB) and lawmakers have created the “Jobs not wanted in California” sign. What Jerry wants to do with the tax code is add salt to the wound: The companies affected by the “No Jobs in California” sign that established operations elsewhere, will now be taxed even more. Guess how long it is going to be before they move all their operations out of the state?
Now consider the US Economic Freedom's Triple Constraint: 1) ObamaCare, 2) Cap & Trade and 3) Card Check
What is required is for Jerry, for Mr. Obama and the rest of the spineless politicians to simply get out of the way of the private sector by merging and or close some 80% of more of the parasitic bureaucracies such as the EPA, DOE, and even the DOJ.
For example: what is the common denominator between fiber optics, MRIs, Lasik, Google, liquid crystal displays (LCDs, holograms, Gatorade and a myriad innovations more? These all sprang from the discoveries of university researchers. To date, Stanford University gets a whooping $1 billion/year from Google alone! However, before passage of the Bayh-Dole act of 1980, all rights and proceeds from federally funded research remained the property of the federal government. Commercialization rates of university research discoveries have since multiplied - just another vivid example that government is best, when it leaves market forces alone, particularly in the job creation market whether it is Washington DC or Sacramento California.
Moronically, as the jobs pie keeps shrinking, union bosses and parasites demand a bigger slice of the pie.
From day one of his administration, Mr. Obama promised that he would focus on jobs like a laser beam. Then unveiled a shoveled-ready porkulus that was not shovel-worth. Next week, the president will lay out a new plan to create jobs and slice into the deficit by proposing, the Return of Porkulus and A new shovel.
Guess what Joe the Taxpayer is going to get?