{"id":2651,"date":"2009-12-14T16:31:25","date_gmt":"2009-12-14T21:31:25","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=2651"},"modified":"2009-12-14T16:31:25","modified_gmt":"2009-12-14T21:31:25","slug":"job-growth-coming-so-lets-pass-another-stimulus","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/2651\/job-growth-coming-so-lets-pass-another-stimulus\/","title":{"rendered":"Job Growth Coming… So Let’s Pass Another “Stimulus?”"},"content":{"rendered":"

The Obma White House has long followed the idea that there’s no problem that the federal government shouldn’t fix.<\/p>\n

Now, it’s telling us that there’s no improvement that the federal government shouldn’t fix, either.<\/p>\n

That appeared to be the message from White House Council of Economic Advisors Chairman Christina Romer and National Economic Council Chairman Lawrence Summers, both of whom made the rounds on yesterday’s Sunday talk shows.\u00a0 In his comments to George Stephanopoulos<\/a> on ABC’s This Week<\/em>, Mr. Summers said that, “most professional forecasters are now looking for a return to job growth by spring.”\u00a0 And appearing on NBC’s Meet the Press<\/em>, Ms. Romer predicted<\/a> “positive job growth sometime in the first quarter.”<\/p>\n

But as noted by The Wall Street Journal<\/em><\/a> today, we must ignore federal deficits in favor of more “stimulus” spending.\u00a0 According to both Summers and Romer, shifting focus to the deficit instead of spending even more during a period of record deficits would be “suicide.”<\/p>\n

So let’s get this straight:\u00a0 Obama’s first “stimulus” was supposed to cap unemployment at 8%.\u00a0 It’s now at 10%.\u00a0 But despite the fact that the White House expects job growth to return in the next quarter, it wants to spend even more to “stimulate?”<\/p>\n

One is left to wonder whether the Obama Era more closely resembles a work of Orwell or merely an issue of The Onion<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Obma White House has long followed the idea that there’s no problem that the federal government shouldn’t fix. Now, it’s telling us that there’s no improvement that the federal government shouldn’t fix, either. That appeared to be the message from White House Council of Economic Advisors Chairman Christina Romer and National Economic Council Chairman […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[633,59,19,579,634,24,61,179],"class_list":["post-2651","post","type-post","status-publish","format-standard","hentry","category-posts","tag-christina-romer","tag-deficit","tag-economy","tag-jobs-bill","tag-lawrence-summers","tag-obama","tag-spending","tag-stimulus"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=2651"}],"version-history":[{"count":2,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2651\/revisions"}],"predecessor-version":[{"id":2653,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2651\/revisions\/2653"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=2651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=2651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=2651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}