Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

It's Official: The Left Is Out of Ideas
American Thinker ^ | June 03, 2011 | Peter Heck

Posted on 06/03/2011 12:11:19 AM PDT by neverdem

With a little over a year to go until the next national election cycle is complete, it has become apparent that from an economic standpoint, the SS Liberal has officially run out of steam.  Hull weighted down with the barnacles of false promises and rudder crippled by the reckless mismanagement of a spendthrift captain from Chicago, she sits there floundering in a sea of unemployment and malaise not experienced since Jimmy Carter was at the helm.

And despite all the rosy window dressing provided by the beaming ship attendants of the mainstream media, who pretend to be shocked every time another leak opens up, we passengers are fully aware of our surroundings. 

CNBC reports that the private sector job market is still shrinking, with employers announcing over 37,000 more job cuts this month.  That's up nearly 2% since April.  In addition, Forbes reveals that home prices have dropped to their 2002 levels, falling another 4.2% in the first quarter of 2011.  David Blitzer, Chairman of the Index Committee at S&P Indices, released a chilling statement that, "This month's report is marked by the confirmation of a double-dip in home prices across much of the nation."

Any rational person hoping that we were righting our economic ship knows the words "double-dip" signify the exact opposite.  Of course, not all numbers are down.

Government statistics show the number of food stamp recipients is at an all time high -- up 39% since Barack Obama took office.  And though things are lean in the private sector, it's never been a better time to be employed by the federal government.  Beyond just salaries soaring to the point where roughly 77,000 federal employees are making more money than state governors, a new study has found there has been a 73% increase in the amount of federally owned limousines to cart our central planning VIPs through the streets of the peasantry.

Along those streets, it's a different story.  Bloomberg reports that as jobless claims jumped another 10,000 last month, "more Americans than forecast filed applications for unemployment benefits last week, a sign the labor market is struggling to gain momentum." 

With economic numbers like these, it's no wonder that liberal commentators are advising Barack Obama -- the man who got elected as the anti-war president -- to run for re-election on his record as a war commander.  Still, some left-wing economists aren't ready to give up the ship.

Take Paul Krugman, the intrepid little socialist and Nobel laureate who writes for the New York Times.  Faced with the abject failure of the very excessive government spending he has promoted as the solution to our economic woes, Krugman's allegiance to Keynesian Obamanomics nevertheless remains undaunted.  That might be admirable if it wasn't so foolhardy.

His recent column is the best evidence yet that when it comes to stimulating economic recovery, the left is simply out of ideas.  Far from innovative, creative, or progressive, Krugman actually proposes bringing back one of the greatest failures of FDR's New Deal.  He writes, "We could have W.P.A.-type programs putting the unemployed to work doing useful things like repairing roads -- which would also, by raising incomes, make it easier for households to pay down debt."

For those unfamiliar, the Works Progress Administration was a controversial policy of the 1930s to put unemployed people to work doing various construction projects just so the government could give them a paycheck.  Yes, sometimes that meant doing constructive things like building roads and highways.  But more often, it included boondoggles like hiring one group to go out and dig a ditch, while hiring another to come through after them and fill in the ditch.  The object was to put people to work so you could pay them -- the job they were doing was not important. 

Did the WPA work?  Nope.  When FDR initiated it, unemployment was around 20%.  Three years later, unemployment was around 19%.  In the intervening 75 years, most rational people have figured out why it failed.  Government jobs are paid from the general tax revenue that is created and produced only by the private sector.  Thus, a plan like the WPA did nothing to generate prosperity, but rather merely allocated what was already there.  Once the ditch was dug or the road resurfaced, the job disappeared and we were right back to where we started.

Not to mention that such a program cost an enormous amount of money to maintain.  As our private sector continues to shrink under the backward policies of this administration, I'm not sure where Krugman thinks we will find the money to finance more government workers. 

Yet this futility is all that remains in the left's idea bag.  The only thing that is unclear is whether Americans will recognize it. 

As much as we should, the danger comes in the reality that liberals have been rewriting textbooks and ingraining an anti-capitalist, pro-socialist message in the minds of America's youth for decades.  The extent to which they have been successful will be determined by whether our nation decides to chain itself to the deck of this Obama-piloted Titanic, or do the smart thing and abandon ship.

Peter is a public high school government teacher and radio talk show host in central Indiana. Email peter@peterheck.com, visit www.peterheck.com, or like him on Facebook.


TOPICS: Business/Economy; Culture/Society; Editorial; Politics/Elections
KEYWORDS: arth; theleft
Navigation: use the links below to view more comments.
first previous 1-2021-4041-47 last
To: MrB
I teach my kids ABOUT worldly viewpoints,
but I don’t TEACH my kids worldly viewpoints.


Exactly.
41 posted on 06/03/2011 10:25:21 AM PDT by Sopater (...where the Spirit of the Lord is, there is liberty. - 2 COR 3:17b)
[ Post Reply | Private Reply | To 40 | View Replies]

To: bronxville

This is a fantastic book. One of the most enlightening I have ever read to explain what has been going on here in the “free” world for the last 100 years.


42 posted on 06/03/2011 10:44:38 AM PDT by Albertafriend
[ Post Reply | Private Reply | To 8 | View Replies]

To: neverdem
"We could have W.P.A.-type programs putting the unemployed to work doing useful things like repairing roads --

Paul Krugman, demonstrating his economic illiteracy. We have such a program--it's called porkulus. And around here in Ohio we are enjoying the spectacle of road crews slapping down thin, maybe two inch layers of blacktop on perfectly good highways.

Meanwhile, Cleveland struggles to fund a total rebuild of its water and sewage system--to meet new EPA standards for Lake Erie, and the feds refused to let it use the 400 million they wanted to waste on a riderless ghost train to Cincinnati. That would have covered the costs of a new water system just about right--but instead it will be squandered on ghost railroad tracks(no trains) in California.

Just one small example of the brilliance of the obamanoids.

43 posted on 06/03/2011 12:40:06 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 1 | View Replies]

To: PLMerite
The WPA and CCC were very good for the persons involved, which is why they are considered to have been successful parts of the New Deal, but did nothing to stimulate the economic recovery as a whole--which is usually overlooked.
44 posted on 06/03/2011 12:45:16 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 16 | View Replies]

To: MrB

Was this at a Christian home school conference? If you are a believer, then maybe attend a conference next time supported by your state home school group.

There was a big uproar at a local home school conference this year in my area. Ken Ham (Answers in Genesis) was banned FOR LIFE from the conference because he objected to some of the curriculum being sold. From now on, my family will not be attending the aforementioned conference and will check out WHO will be presenting/selling at future home school conferences we attend.


45 posted on 06/03/2011 7:35:59 PM PDT by Reddy (B.O. stinks)
[ Post Reply | Private Reply | To 28 | View Replies]

To: Reddy

Yes, it was a Christian homeschool conference.
One of their defenses for having the book was that it didn’t claim to be a Christian book and offered a different viewpoint.


46 posted on 06/04/2011 4:35:33 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
[ Post Reply | Private Reply | To 45 | View Replies]

To: Reddy

And good for you for no longer attending that conference.
Come out and be ye separate.

We’re fast approaching a time of great apostasy.


47 posted on 06/04/2011 4:37:43 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
[ Post Reply | Private Reply | To 45 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-47 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson