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Populist Rhetoric: Not an acceptable response to failing policy
Washington,
July 9, 2010
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Patrick
This week,
claims by his big business allies that President Obama is “at his core, anti-business”
broke into the mainstream media. His response? Fall back on the
Democrats’ predictable, unerring theme: when common sense, facts, and numbers
conflict with failing policy, simply continue to push more populist rhetoric. This
maneuver has become typical of the Obama Administration and the Democratic
Majority in Congress. Nearly two years into single party control of the
White House and Congress, we have witnessed the supposed answers to our
country’s dire economic troubles come in the form of just a few pieces of
enormous, sweeping legislation – all crafted and negotiated behind closed doors
and sold to the public as emergency, “do or die” solutions. These
supposed landmark agenda items – a government takeover of healthcare, punishing
financial institutions, and a national energy tax – are now the cornerstone of
Obama’s presidency (not to mention, the coming tax increases). And now,
the word is finally getting out that these policies (two of which haven’t even
been passed) are simply bad for the businesses, large and small, that must
create the jobs needed for our economic recovery. One of
Obama’s strongest business allies, Verizon CEO Ivan Seidenberg, said last
month, “By reaching into virtually every sector of economic life, government is
injecting uncertainty into the marketplace and making it harder to raise
capital and create new businesses.” And that’s
big business talking. Imagine the pain the average small business person
is feeling. In the face
of these remarks, Obama went to his populist crutch on Wednesday. He
praised the private sector, acknowledging it as the source of source of job
creation, yet failed to address the fact that the uncertainty caused by his anti-growth
policies have created an environment where businesses are more prudent to sit
on their capital rather than hire new workers. This tactic
of ignoring the actual numbers and implications of their policies and
continuing to push the rhetoric of their political agenda may be the last trick
in the Democrats’ playbook. Speaker Pelosi has even advised House Democrats to
shift focus away from the economy and towards continuing to sell the healthcare
law. As the
nation’s debt leapt by $166 billion in a single day last week (the third
largest single-day increase in U.S. history), Democrats can only attempt to
divert the public’s attention from the facts. Obama’s recess appointment
of the new Medicare Chief Donald Berwick is symptomatic of this – waiting for
the cover of Congress’s 4th of July recess to make a potentially
politically damaging move. And when faced with Republican criticism last
week when Minority Leader John Boehner compared the financial regulatory reform
bill to “killing an ant with a nuclear weapon,” Obama predictably shifted focus
away from the actual content of the widely criticized bill and simply chose to
call Boehner “out of touch.” - Patrick McHenry |