Wednesday July 18, 2012

The Sunday, July 15 editorial invites readers to "imagine" the political environment in the United States if the unemployment rate were around 7 percent as opposed to its current, higher, rate. By all means, let's do that.

While we're at it, let's also "imagine" an unemployment rate of 5.2 percent, which was the average unemployment rate during the Bush administration after the 2003 tax cuts took effect. Let's also imagine a budget deficit declining from $427.9 billion to $151 billion, as it did from 2004 to 2007, as opposed to today's level of $1.25 trillion under the current president.

As for the editorial's crocodile tears about Republican "obstructionism": in case the editors missed it, the stimulus bill was not blocked; it was enacted into law in February of 2009. Indeed, the president had unfettered policy control over the legislative branch of government during the first two years of his administration. Congress could, and did, pass anything the president wanted, as evidenced by the enactment of his disastrous health care "reform" law. Predictably, the deficit and unemployment rate have been on an upward trajectory ever since.

Rather than constantly blame his predecessor for today's economic malaise, perhaps our Demagogue-in-Chief should adopt some of his predecessor's policies instead.

THOMAS R. BARKER

Pittsfield


Advertisement