There is hope for the US real sector given change that is expected this November. Certainly employers will be heartened if the election ushers out the majority. Democrats are bad for business. Obama is death for business.
Most of us know at this juncture what it is that ails this “recovery” - employers’ reluctance to hire given the obstacles, both real and perceived to be placed on their books by the Obama agenda. This is straightforward. We have it from them directly. The great mystery is why business owners, particularly small business owners who are registered Democrats are not in revolt. Everything about their party, especially about its leader blocks any meaningful chance for a rapid recovery, for renewed vigor. The only answer must be that these are willing to pay the price of Obama’s social-democratic ambitions out of their own pockets, like our nursery pals.
The rest of us must wait for November. But even then, even when the little darlings are herded out the door there is a wild card. As some observers remind us, those Democrats defeated in Nov aren’t going anywhere for a bit; they’re lame ducks. They could vote for anything; they have nothing to loose. This is a very real threat.
From Krauthammer, “As John Fund reports in the WSJ, Sens Jay Rockefeller, Kent Conrad and Tom Harkin are already looking forward to what they might get passed in a lame-duck session. Among the major items being considered are card check, budget-balancing through major tax hikes, and climate-change legislation involving heavy carbon taxes and regulation,” every one anti growth, anti recovery we might add. “Perhaps shame will constrain the Democrats,” notes Krauthammer, but warns that, “this is not to be counted to on. It didn’t stop them from pushing through health-care reform the public didn’t want by means of ‘reconciliation’ maneuvers and without a single Republican vote in either chamber — something unprecedented in American history for a reform of such scope and magnitude.”
There’s hope for change alright folks. The masses have recognized their error and part of it will be rectified this November. It’s then up to defeated Democrats to behave honorably. Can we count on it? We’ve got a call in to Charley Rangel.
Robert Craven
Friday, July 23, 2010
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