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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. 2, 2009 / 15 Mar-Cheshvan 5770

Hold the Champagne — Happy Days Aren't Here Again

By Michael Barone




http://www.JewishWorldReview.com | The recession is over, we are told. The Commerce Department announced Thursday that the economy grew in the third quarter of 2009 by 3.5 percent. Great, huh?

Maybe not. About half that growth came from the Cash for Clunkers program, which transferred into the third quarter auto sales that would have occurred later. The expiring tax credit of $8,000 for first-time homebuyers stimulated some house sales. Most of the impact of the $787 billion stimulus package, we are told by the Obama White House, has already been felt.

"There were few signs in the new data," writes The Washington Post's Neil Irwin, "that the private sector will be able to sustain that growth once the government pulls back." Or, as Peggy Noonan writes in The Wall Street Journal, "No one has any faith in these numbers."

And no one has much confidence that unemployment, which hit 9.8 percent in September, will decline significantly any time soon — or that the policies of the Obama administration and Democratic congressional leaders will stimulate the creation of new jobs.

Higher tax rates on high earners, which will take effect when the Bush tax cuts expire next year, will certainly not create jobs. The taxes and increased federal spending in the Democrats' health care bills won't, either. Nor will the increased cost of energy that would be imposed by the Democrats' cap-and-trade legislation.

As for the stimulus package, blogger Daniel Blatt notes that twice as many Californians filed for unemployment benefits last week than the total number of California jobs that were "created or saved," as estimated by recovery.gov.

So we may be facing an extended period of high unemployment with a liberal government in office. An interesting question for political analysts — and elected politicians — is what effect this will have on public opinion.

History gives us some clues. The one similar extended period that comes to mind was the second term of Franklin Roosevelt, when a serious recession hit the economy in 1937 and unemployment continued stubbornly above 10 percent until wartime mobilization began in the 1940s.

Gallup polls tell us that Roosevelt continued to enjoy positive job approval, significantly above Barack Obama's current level of 52 percent. But Roosevelt's policies fared far worse.

Two-thirds of voters wanted him to follow more conservative policies and felt that administration policies were delaying economic recovery. Large majorities opposed increased government spending, even after an FDR fireside chat. By a two-to-one margin, voters thought the economy would do better under Republicans.

Large majorities opposed the sitdown strikes that enabled the United Auto Workers to organize the auto companies, and two-thirds wanted the pro-union Wagner Act revised or repealed — attitudes echoed in the current opposition to the GM and Chrysler bailouts and to the unions' card check bill to effectively abolish unionization elections by secret ballot.

Americans in the late 1930s seemed to understand that high taxes and government spending programs were producing what Amity Shlaes in "The Forgotten Man" calls a capital strike — a reluctance by businessmen to invest so long as government and unions threatened to take most of their returns away.

Polls looking ahead to the 1940 election showed Republicans ahead nationally and leading in the large Northern states then critical in deciding presidential elections. Two-thirds of voters opposed a third term for Roosevelt, and in hypothetical match-ups Roosevelt trailed Thomas Dewey, then Manhattan district attorney, and ran only even against Robert Taft, then in his first year in the Senate.

All this is not familiar today because history took a different turn. War broke out in Europe in 1939, and most Americans, anticipating correctly that the United States would be drawn in, ended up preferring the seasoned leader Roosevelt over neophytes like Dewey, Taft or the 1940 Republican nominee Wendell Willkie.

History does not repeat itself exactly, but polling evidence indicates that Americans today, like Americans in the late 1930s, see big government spending programs as an impediment, not an aid, to job creation. They see a future with sluggish economic growth, disincentives to economic and technological innovation (like that tax on medical devices), and continued high unemployment that will hold down wages and incomes.

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.

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JWR contributor Michael Barone is senior political analyst for The Washington Examiner.




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