Obama’s own brand of voodoo economics

You guessed it, the Census Bureau put several hundred thousand to work last month — a figure that will certainly skew the final calculus and present a picture that would make Joe Biden proud. Never mind that those jobs are temporary; and already, Census workers are wondering aloud on blog and social media sites if they’re eligible for unemployment benefits. You must be kidding me. Could we end up spending more taxpayer dollars to give these workers benefits they’re not entitled to? Did the bean counters at OMB forecast for these conditions if some court gets happy and decides the workers should receive yet another handout?

The point here is you can’t fool the American business cycle. The real job creations (the ones that last, at least) occur in the private sector. No amount of class warfare changes that dynamic. Using federal dollars to pay union construction workers to retrofit a Social Security building in Kentucky so more federal workers can feel good about their “green” work stations does little to grow our tax base in any long-term capacity. And here’s the worst part: The money used is borrowed from China. So we’re now borrowing about 40 cents of every dollar spent and we turn around and toss it in another federal rat-hole. I ask you — how does this vicious cycle of theft help the average American?

President Obama’s economic policies make “voodoo economics” look like a Nobel Prize contender. The question now becomes when, not if, these misguided and mega-expensive gambits will end. For the sake of the world’s last great economic superpower, I hope it’s soon.

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