Archive

Posts Tagged ‘60 Minutes’
January 10th, 2011 at 1:25 pm
Public Employee Unions’ Favorability Sinks Below 50%

Rasmussen Reports is out today with some interesting survey results.  In the wake of severe budget deficits Americans’ support for public employee unions is sinking to new lows.  According to Rasmussen’s telephone survey, 45% of respondents oppose allowing public employees to unionize, while an equal number favor the practice.  Just last May, 53% of Americans favored unions for public employees.

The 8% drop in approval rating combined with the rise in outright hostility undoubtedly concerns the mandarins over at the American Federation of State, County and Municipal Employees (AFSCME), the nation’s largest public employee and health care workers union.  This kind of growing opposition will surely earn more hysterical charges from AFSCME President Gerald W. McEntee’s like this one that 60 Minutes engaged in media bias when it granted air time to reform Governor Chris Christie (R-NJ).

It’s time to get serious.

November 9th, 2010 at 12:57 pm
From “Morning In America” to Obama’s “I Do Get Discouraged”
Posted by Print

We have illustrated the dramatic difference between the pro-growth Reagan Recovery and the ongoing Obama Malaise, which a side-by-side comparison of economic data makes clear.  In addition to the lopsided data differential, the uninspiring and self-pitying rhetoric to which Obama treats us provides another sad contrast.  Consider the following exchange from Obama’s “60 Minutes” interview this week:

STEVE KROFT: Do you get discouraged? Are you discouraged now?

OBAMA: I do get discouraged. I mean, there are times where I thought the economy would’ve gotten better by now. One of the things I think you understand as president is, you’re held responsible for everything. But you don’t always have control of everything, especially an economy this big. There are limited tools to encourage the kind of job growth that we need.

Such “woe is me” dejection can be self-fulfilling (see, e.g., Jimmy Carter’s “Malaise Speech”), and would have been unimaginable coming from Reagan, who faced even higher unemployment rates, interest rates and inflation than Obama.  But here’s a tip, Mr. President:  nobody wants or expects you to “have control of everything.”  You do, and that is the problem.  As shown by your more optimistic predecessors, getting yourself out of the way would be the best first step toward “the kind of job growth that we need.”

December 14th, 2009 at 11:07 am
Obama Is the One Who Doesn’t “Get It”
Posted by Print

Barack Obama has done little, if anything, right during his year in office, but he’s obviously perfecting the art of shameless hypocrisy.

Appearing on CBS’s 60 Minutes yesterday, Barack Obama said with a straight face that “the people on Wall Street still don’t get it.  They don’t get it.” For good measure, he also broadly labeled bankers “fat cats” who have behaved in an “irresponsible” manner and not shown “a lot of shame.”

Let’s see.  This is the same Barack Obama who promised to address the $0.4 trillion deficit, only to add a trillion to make it $1.4 trillion in just his first year.  In other words, he is addressing the deficit by…  tripling it.  Lest one reflexively attribute that to his inheritance, this year’s deficit is on an even worse trajectory.  He is also the man who proposes adding an endless array of new entitlements and highly-paid new federal employees to an already-unsustainable budget trajectory.  He is also the man who seeks to reward the same federal bureaucracies that failed to recognize the financial bubble, and even abetted it, by granting them nearly plenary powers over the entire struggling economy.  He is also the man who aims to compound the nation’s economic woes by imposing catastrophic healthcare costs and carbon taxes upon it.  He is also the man who seeks to increase taxes on broad swaths of struggling individuals and small businesses by allowing rates to increase next year. He is also the man who promised to usher in a new era of international diplomacy and peace, only to see rogue regimes such as Iran increase their menace since his inauguration.

Yet he says that others “don’t get it?”

Laughably, he mocked bankers for being “puzzled” why the public is “mad” at them.  Perhaps he was merely projecting his own puzzlement at his record-low poll numbers, which similarly reveal a public “mad” at him?