The president Just Dosn't "Get" It On Jobs

Sustainable jobs are created by businesses, not by government.  There is a tipping point that will be reached in which there is not enough productivity by the private sector to support the public (government) sector.  Unless of course, the trend toward nationalization of businesses continues (bank bailout, automaker bailout, etc.) and we convert completely to the "dark side" -- er, I mean Communism/Socialism/State Ownership.

To create jobs, businesses need 1) adequate excess income to reinvest and 2) a stable regulatory environment in which risk is known.  The current Administration and Democrat controlled Congress has taken, or is taking away in the form of repealing the Bush tax cuts, both of these necessary ingredients.

In an AP article (Obama overtures to business fall flat ) out today, the president notes:

"This should be as American as apple pie," Obama told a Democratic fundraiser in Austin, Texas, on Monday. "And yet we can't get it moving through the Senate." He speculated that Republicans were blocking the bill because they didn't want to do anything to help him and were "thinking about the next election instead of the next generation."

The truth of the matter is better stated by Steve Forbes in the same article:

"The truth is that not even the Franklin Roosevelt administration was as hostile to and ignorant about free enterprise as this administration is," declared magazine publisher and one-time GOP presidential contender Steve Forbes.

So, is it all about politics, or is it about the economic policies of the Administration/Democratic Congress?  As a small-business owner/manager, I say it is about the economic policies of the Administration.  It appears that Mitch McConnell at least has a clue.

But Senate Republican leader Mitch McConnell of Kentucky shot back in a statement, "For more than a year and a half, the president and his Democrat allies on Capitol Hill have pushed an antibusiness, anti-jobs agenda on the American people in the form of one massive government intrusion after another."

I wonder when the president will "get" the message?  After all, as noted in the same article, there isn't a single former CEO of a business in his entire cabinet or among his top economic advisers.  The outlook for an improving jobs situation given the shape of things in Washington is dismal.