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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Nov. 25, 2010 / 18 Kislev, 5771

President Barack Obama: Job Killer

By Larry Elder



http://www.JewishWorldReview.com | President Barack Obama walked into the Oval Office in January 2009 during a severe economic downturn led by a meltdown in housing prices — and promptly made things worse.

By bailing out banks, insurance companies and auto firms — done to a lesser extent by the previous administration — Obama rewarded poor performers and punished their better-managed competitors. Prevented from pouncing on wounded rivals and thus increasing market share or buying the assets of the wounded at fire sale prices, Ford, for example, watched GM and Chrysler get a cash infusion from taxpayers. Despite GM's recent "successful" public offering, taxpayers lost billions of dollars.

Obama and the Democratic congressional supermajorities passed a nearly trillion-dollar economic "stimulus" package and then proceeded to award fiscally irresponsible states with "stimulus" funds, helping postpone the day of reckoning when states must meet their budgets by reducing spending and cutting the size of government. Stimulus supposedly "saved or created" 3.5 million jobs, but it merely succeeded in transferring money from the pockets of producer taxpayers into the pockets of others.

Obama spends billions to "invest" in mythical "green jobs of the future." Investing is the job of the private sector, which uses private funds to produce a product that addresses a need or desire. Success is determined by the willingness of the consumer to pay good money for said product. A bad bet means somebody loses his own money — a possibility that the private investor weighed before he chose to risk his capital.

But government "investments" are driven by politics, with decisions made by bureaucrats operating under rosy scenarios with romantic wish lists. When taxpayer money goes down a rathole — as is far more likely than with privately invested money — nobody gets fired, but the country is impoverished a little bit more.

ObamaCare puts 30 million Americans on the rolls of the medically insured. Since its passage, insurance companies — citing the cost of ObamaCare mandates, rules and regulations — jacked up their premiums and cut coverage. Over 100 waivers have been granted to companies and organizations that, but for these waivers, would have had to drop coverage, increase copays or reduce medical benefits. Nice to have friends in high places.

The AARP, a staunch proponent of ObamaCare, announced a reduction in benefits for its own employees, lest the tax kick in for so-called "Cadillac plans." To "bend the cost curve," ObamaCare promised cuts in Medicare reimbursement. So doctors are dropping their Medicare patients.

The administration signed into law new banking and financial regulations that keep intact the very government agencies that helped precipitate the housing meltdown — Freddie Mac and Fannie Mae. Under policies aimed at allowing everyone with a pulse and a dream to buy a home, these "government-sponsored entities" allowed the players in the housing market — banks, borrowers, investment banks and buyers of "exotic securities" — to play with taxpayer money.

The Obama administration's various government efforts to "keep homeowners in their homes" are floundering, serving only to postpone the necessary market re-pricing of homes that are now worth less than they once were. Cash for Clunkers induced people who were going to buy cars anyway into making their purchases earlier. When the program ended, car buying slumped. The result was more taxpayer dollars removed from the hands of producers and put into the hands of recipients.

The administration, with some Republican support, increased the minimum wage and several times extended unemployment compensation — both well-intended policies, but job killers nonetheless.

Obama promised to raise taxes on the rich, who, under Bush, got tax cuts they "didn't need" and "didn't ask for." So the rich sit on their money, not knowing whether they will be allowed to spend or save or invest it — or whether Washington has other ideas. Most Bush-era tax cuts expire at the end of the year, and if not extended, rates will go up on income, capital gains, dividends and estates.

The recent Republican takeover of the House and loss of the Senate's Democratic supermajority likely mean that the rates will be extended for all — including the dastardly, job-creating rich. But businesspeople cannot plan — and are thus reluctant to hire — until they know whether their taxes are going to increase.

Candidate Obama demagogued against trade agreements that "shipped jobs overseas," and promised to tweak the Bush administration-negotiated treaty with South Korea. According to the U.S. Chamber of Commerce, the pact would create 250,000 jobs in America and it would open up exports to a NAFTA-sized market. But during his recent trip to Asia, Obama failed to get the South Koreans to go along with his changes aimed at benefiting the American auto and beef industries. The South Koreans said no, insisting that they had a deal and that if the U.S. won't do business with them, other countries will.

For two years, Obama has practiced Obamalism: Spread the wealth; redistribute income; punish success; reward ineptitude; and encourage the victicrat-entitlement mentality by making the lack of health insurance the responsibility of others.

Happy Thanksgiving.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

JWR contributor Larry Elder is the author of, most recently, "Stupid Black Men: How to Play the Race Card--and Lose." (Proceeds from sales help fund JWR)

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© 2006, Creators Syndicate

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