Worlds Apart————————————————
A commentary
by J. F. Kelly, Jr.
President Barack Obama’s State of the Union address was, as usual, well delivered but somewhat divorced from reality. Whatever shortcomings this president may have, oratory skills are not among them. But his perception of the world and the challenges we face are quite different from mine and probably most conservatives.
If we have actually turned the corner in this war on terrorism, which he keeps referring to as counterterrorism, then things don’t look any better to me on this side than they did before we turned the corner. As he spoke, Yemen was collapsing, Islamic State still controlled vast areas of Iraq and Syria, Iran was still on the way to acquiring a nuclear weapons capability, Islamic terrorists had struck in France and elsewhere, police had uncovered terrorist plots in Belgium and the United States and Soviet-backed rebels were seeking more territory in eastern Ukraine. If the shadow of crisis has passed, why is it still so dark?
On the economy, the White House and Congress also seem worlds apart, both with regard to the state of the economy and the means to improve it. The shadow of the Great Recession may have passed, but skies aren’t particularly sunny. Unemployment is down but so is the size of the full-time workforce with many discouraged younger and older adults no longer bothering to actively seek work or settling for part-time jobs. Wage stagnation has forced many to take multiple, usually low-paying part-time jobs just to pay the bills.
The recovery that Mr. Obama takes credit for is the weakest in history. The economy simply isn’t providing enough jobs paying decent wages to support a growing population. Things, of course, are even worse in Europe, Japan and elsewhere but that’s scarce comfort.
The president took credit for gains made in achieving energy independence, almost entirely due to natural gas and oil produced by fracking which he did little to encourage and much to discourage. He also took credit for reducing the deficit. But that’s not good enough. We need to end deficit spending, not just reduce it. Any deficit adds to the federal debt which now stands at $19 trillion. That’s $19,000,000,000,000. That’s the bill we are bequeathing to our kids and grand- kids. It takes a long time even to write out the numbers. It takes an eternity to count it out. It will take forever to pay it back, but it didn’t take very long at all to spend it. This president has added more to the federal debt than all other presidents combined. How’s that for a legacy?
Mr. Obama recognizes that the middle class is getting squeezed. He recognizes that two or more incomes are usually required to support a household; that is, if the household is lucky enough to have two adults able to work. That leaves little time, of course, for parenting. His solution is to increase the child care credit.
Mr. Obama recognizes that unemployment among young males, particularly blacks, is way too high. His solution is to provide two years of free community college. Mr. Obama recognizes that millions of Americans are stuck in minimum wage jobs. “If you think you can support a family on that income,” he said, “you should try it.” The president’s solution is to increase the minimum wage again, a proven job killer.
From whence will the funding come to support free community college and increased child care credits? Why from the rich, of course, in the form of higher taxes including estate taxes. The rich need to pay their fair share, he says, notwithstanding the fact that they already pay most of the taxes and half of Americans pay no income tax at all.
The president offered to reach out to the Republican Congress in the spirit of cooperation and compromise. But he followed these words with three blunt veto threats. Apparently then, the president intends that the White House and the Congress remain worlds apart for the next two years with the president sticking with his income redistribution approach and the Congress recognizing that the best way to grow this economy and create jobs is to adopt tax and regulatory policies that encourage businesses to expand.
Sounds like business as usual. Isn’t divided government fun?
January 25, 2015