Wednesday, September 09, 2009

The Convenient Fantasies of President Obama

So true. See Michael Barone's Sept 9, 2009 column "The convenient fantasies of President Obama" at http://www.washingtonexaminer.com/politics/The-convenient-fantasies-of-President-Obama-8215470-57862907.html

"the administration seems enamored of his "green jobs" concept. There's an understandable political reason. Legislation to restrict carbon emissions that is supported by the administration would undoubtedly kill a large number of jobs by increasing the cost of energy, and so you can see why its advocates might want to argue that there will be a compensating number of "green jobs" created -- at least if the government spends a lot of money on them.
But this sounds like fantasy. If there were money to be made in green jobs, private investors would be creating them already."

"Yesterday Baucus came out with his own plan, which includes a tax on high-value health insurance policies. But this is likely to be rejected by the Left, by labor unions that have negotiated such benefits from employers, and by members of Congress from states like New York, where, because of state policies, almost all health insurance costs that much.
There is an element of convenient fantasy as well in Obama's health care statements to date. We are going to save money by spending money. We are going to solve our fiscal problems with a program that will increase the national debt by $1,000,000,000,000 over a decade. We are going to guarantee you can keep your current insurance with a bill that encourages your employer to stop offering it."

"The list goes on. We are going to improve health care for seniors by cutting $500,000,000,000 from Medicare. We aren't going to insure illegal aliens, except that we won't have any verification provisions to see that they can't apply and get benefits."

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