Thursday, May 27, 2010

Another Sham Stimulus Bill

It is interesting that the proposed new job stimulus bill spends $190 billion of your grandchildren's livelihood and has almost nothing to do with creating jobs. What a coincidence, neither did the original stimulus. I have excerpted the article here but the devil is in the details. Read the American Thinker article and get the full flavor of Democrat "duplicity".

Excerpt:
The irresponsibility of the left is on display daily as one piece of self-serving legislation follows another. The latest example comes in the form of the American Jobs and Closing Tax Loopholes Act of 2010. Sponsored by Rep. Sander Levin of Michigan -- a state certainly in need of jobs, if not of loophole-closing -- the bill is one more exercise in political cynicism on the part of the most cynical Congress in history. Coming just five months before the all-important November elections, the bill is a blatant exercise in vote-buying paid for with money we don't have. Given the choice of ruinous spending versus short-term political gain, the left always chooses political gain.

The provisions of the latest stimulus bill demonstrate just how corrupt the Democratic leadership has become. What is $65 billion in Medicare physician payment doing in a so-called stimulus bill? It is there so Democrats can hide the true cost of Obamacare from the public, who will end up paying for it. What are further billions in handouts to minority farmers and welfare payments doing in a bill that is supposed to create jobs? And since when does the government distinguish between minority and non-minority farmers? What's next? Minority and non-minority physicians? Well actually, that's already in the health care bill.

The only provision in the American Jobs bill directly tied to job-creation is one billion for "summer jobs," but these jobs, it turns out, are hardly jobs at all. They are essentially internships for low-income youths in government and the non-profit sector, not in the private sector, where these kids might conceivably learn something about work.

But then, the point of the American Jobs bill is not to promote private-sector employment; the point is to shift more and more Americans from private-sector employment into dependence on government make-work and welfare. Aside from the stealth Medicare reimbursement increase, the American Jobs bill is designed entirely for the purpose of silencing a restive Democratic base until after the fall elections, after which the extended benefits will run out and there will still not be enough jobs in the private sector to bring about normal levels of employment.

Whether the American Jobs bill can buy enough votes for Democrats to retain control of Congress remains to be seen, but I would not bet against a party as ruthless and irresponsible as the modern-day Democratic Party.

Only a major shift in political consciousness on the part of Americans at large -- a new awareness of how corrupt the left has become and of how grave the consequences are going to be -- might save America from fiscal ruin. Unfortunately, that sort of shift in consciousness comes about only around once in a lifetime, as it did in 1980. Payoffs to special interests take place ahead of every election.
Another Sham Stimulus Bill

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