Home
In this issue
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 Oct. 22, 2010 / 14 Mar-Cheshvan, 5771

Fools Rush in Where Europe Rushes Out

By Jonah Goldberg




http://www.JewishWorldReview.com | As of this writing, France is paralyzed. By the time you read this, it might be in flames.

In Britain, where politics is more polite but the problems are perhaps just as dire, the government is proposing budget cuts on a scale not seen for nearly a century.

In Greece, well, the less said about Greece the better.

All of these countries -- and many more -- are going through painful retrenchments because they spent too much money, made too many promises and expected too little from their own citizens. The era of European austerity is upon us, because the Europeans -- or at least those in charge -- understand the mess they've made of their economies.

This should present a real problem for Barack Obama and the vast (though shrinking) chorus of experts, editorialists and activists who support his agenda. In broad terms, all of the policies Obama and the Democrats have pushed are the sorts of policies the British, the French and other Europeans had for years, even decades.

As far as I am aware, no one has asked President Obama a simple question: If your philosophy is so great, how come the countries that have embraced it for generations are so much poorer than us?

Nor have they asked: If guaranteed health care for everyone will make us so much more "competitive," how come we've been doing so much better than our "competitors" who already have socialized medicine, high tax rates and lavish pensions?

Nor has the president been queried about the incongruity of saying his policies have laid a "new foundation" for economic growth and job creation when the countries he's trying to emulate are trying to dismantle the very same foundations in order to survive.

If you want evidence for all this, you don't need to look to Europe. You need only look to America. We've had the weakest recovery from a recession in memory. In Gerald Ford's first year as president, the country rebounded at a rate of 6.2 percent. Under Reagan it was 7.7 percent. Even Clinton's recovery rate was over 4 percent from 1993 to 1994 (and grew from there). Obama's recovery has not only been anemic and sputtering at around 3 percent, it hasn't made a dent in the unemployment rate because employers have no confidence that we'll have reliable growth or that Obama isn't waiting to bring the hammer down with more Euro-style policies and taxes.

Obama supporters will respond that he has, in fact, "created" jobs, but just not enough to climb out of the massive hole created by the financial crisis and former President Bush's evil policies. The White House insists that it's not remotely responsible for the 3.2 millions jobs (2.9 million in the private sector) that have disappeared on Obama's watch, but is completely responsible for every single new job that has been created or "saved" since then.

Forget the "saved" part since that has always been so much Bidenesque frippery. (Though for the record, I drink scotch because it keeps away vampires and ensures the moon doesn't catch fire. You can thank me later).

But consider this about the relatively few new net jobs the economy has created under Obama. As my National Review colleague Rich Lowry recently noted, half of all the new net jobs created in the United States (from August 2009 to August 2010) were created in Texas. According to White House logic, Obama must simply love Texas, since he's the one creating all of those jobs. You have to wonder what he has against New York or California -- you know, the states that actually share Obama's economic vision and are descending into an economic abyss as we speak. Why reward low-tax, pro-growth Texas with all of these jobs?

The contrast with Europe is stunning. The streets there are clogging with protestors who desperately want to keep perks and pensions that are driving their countries into insolvency, while responsible leaders do everything they can to impose fiscal sanity before everything comes crashing down. In America, protestors (aka the Tea Parties) have taken to the streets to keep our irresponsible leaders from going in the same direction. In response, Obama says America's irrational fear has made voters stupid.

But what's irrational about saying that we shouldn't be rushing into a condemned building everyone else in the developed world is rushing out of?

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.


To comment on JWR contributor Jonah Goldberg's column click here.

Jonah Goldberg Archives

© 2006 TMS

Columnists

Toons

Lifestyles