Tuesday, July 27, 2010

Don't excuse Obama's sliding popularity

as merely the result of a moribund economy, says Matthew Continetti of the Weekly Standard:

Obama’s agenda has hurt him. It is hard to think of an era in which the political majority pushed so many unpopular initiatives in such a short span of time. From the stimulus to the mandate to cap and trade to flirting with a trial for Khalid Sheikh Mohammed in civilian court to suing Arizona for enforcing federal immigration law, it’s almost as if this administration enjoys being on the wrong side of public opinion. Can liberals honestly believe that these policies would be more popular if America were at full employment?

He also lays out the case for the GOP to articulate their agenda:

An enterprising conservative would build on the RSC and Ryan plans with an explicitly pro-growth agenda. He (or she!) would do this with the understanding that only robust, broad-based, and prolonged economic growth will produce jobs, reduce the debt burden, and increase social cohesion. He (or she) would be aware of a recent study by the Kauffman Foundation that found that net job growth in the United States comes from firms less than one year old. This enterprising conservative’s growth agenda, therefore, would make it a point to reduce hindrances to entrepreneurship and small business.

Meaning? An extension of current tax rates on income, dividends, and capital gains until the economy is booming and Congress is ready to undertake large-scale, pro-family, pro-investment tax reform. A payroll tax cut. A promise to take the Federal Register to the paper shredder, reducing the number of regulations that aspiring businessmen face when they start new ventures. A plan to withdraw from GM and Fannie and Freddie and end corporate welfare.



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Always sniffing for the truth

Always sniffing for the truth

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