Legal Commentary

Only The Federal Gov't Can Save The Economy

By Big Tent Democrat

Turkana writes:

Businesses aren't creating jobs, and they have no intention of doing so unless they see signs that consumers will again resume spending. Consumers won't be spending as long as they have nothing or too little to spend. It's a feedback loop. There is only one way to break it. It has to be the government. The government has to create jobs. Infrastructure. Clean energy. Mass transit. There are plenty of social goods for government to fund, and there are plenty of people who are willing and able to be trained and employed. It has to happen. And only the government can do it.

This was true in February 2009, July 2009, December 2009, March 2010 and it is true today. The failure of Democrats to make this argument and attempt to shape policy reflecting this reality makes it impossible for Dems to go to the voters and argue (and defend) this policy. Instead, they run a clownish Recovery Summer campaign. This is a political and policy failure. And the political price Dems will pay in November for this failure will be high. The policy result from the political result will make things worse. The real life damage of the Dems' political and policy incompetence will be immense and longlasting.

Speaking for me only

Full post as published by TalkLeft on August 24, 2010 (boomark / email).