Wednesday, September 9, 2015

Now, take that next step and name the culprit

Great setup to an Investors Business Daily editorial today:

Presidential candidates, both announced and prospective, used Labor Day to fire off some pretty harsh criticisms of President Obama's economy. That's not news. What is news is who was doing the firing.
Just listen to some of the heated rhetoric about the results that seven long years of Obamanomics have produced:
"I am hot. I am mad, I am angry."
"There is something profoundly wrong when ... the average American is working longer hours for lower wages and we have shamefully the highest rate of child poverty of any major country on earth."
"It used to be when productivity went up in America, everybody got to share."
"Every month government comes out with a statistic on unemployment. Last statistic said that official unemployment was 5.3%. But what they forgot to tell you is that statistic doesn't include those people who have given up looking for work, those people who are working part time. Add it all together and real unemployment is over 10%."
"How many people in your own neighborhoods are in trouble, can look their kids in the eyes and say with heart, 'Honey, it's going to be OK?' Not enough! Not enough!"
"I've got the vision, the policies, the skills, the tenacity and the determination to get us back on the right track."
This is all just typical Obama-hating rhetoric from hard-right Republicans, right? And besides, isn't the economy doing just fine? That's what we keep reading in the mainstream press, anyway.
Well, not exactly.
Every single one of those scathing attacks came from Labor Day remarks by Hillary Clinton, Bernie Sanders and Vice President Joe Biden.

In a sense, though, each of them boxes himself or herself into a corner by getting so incensed about it. Don't they have to take the next step and name a cause? Being lefties, they'd no doubt point to fat-cat greed, or residual problems from the W era. But without specifics, that would look like grandstanding.

No, the only credible way to come to a logical conclusion is to state the plain truth: we're living the results of Cloward-Piven'style planned decline, a regulatory nightmare imposed by the regime these people have all supported, in some cases even worked for.

Right diagnosis. Now prescribe the only effective cure.

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