A great commentary from Victor Davis Hanson… an excerpt:
So we are reduced to the bizarre spectacle of a president of the United States, beginning his tenure with supermajorities in both houses of Congress and a 70% approval rating, now blaming conservatives that they are stopping the completion of his agenda that his party won’t defend and won’t run on — while the architects of his economic policies have left town ahead of the proverbial posse. Obama made us do it!
We know there is only one way to restart the economy and spur private enterprise to begin hiring: remove uncertainty and win trust.
That would mean to spell out exactly what the income, payroll, inheritance, and health care tax rates will be. Repeal ObamaCare and its feared drag on employers; stop all the new programs and instead prune red-tape; enact targeted tax cuts for employers coupled with reductions in federal spending; offer a five-year plan to achieve budget surpluses; bring into administration financial policy-making business people and expel academics; quit the psychological harassment of “boot on the neck” slurs, limb-lopping surgeons, and greedy businesses, and stop the presidential “at some point you’ve made enough money” editorializing. Do all that — and Obama cannot and will not — and employers will start taking risks, hiring, and buying.