Posts tagged with Unemployment
Gov. Mitt Romney missed a couple of major opportunities to score on President Barack Obama in the 2nd debate. Romney should have pointed out that Obama continued Bush's economic policies. Romney should so have pointed out that various states are investigating Planned Parenthood for fraud.
Romney should have suggested that the question about President George W. Bush's economic policies should have been directed to Obama because Obama had continued Bush's policies. The bailouts of the banks and the automakers began with Bush. Obama merely continued that policy. Obama also copied Bush's stimulus policy and the use of tax cuts. Bush had large deficits and Obama expanded those deficits. Romney should ask at soz3me point why Obama continued Bush's policies if Obama though Bush was wrong.
At some point Romney needs to point out that unemployment under Bush was less than 5% before the 9/11 Attack and only went up to 6.3% (June, 2003) after the attack. It then fell back below 6% in November, 2003, and remained below 6% until August, 2008, when it began increasing again. It might be argued that the increase in unemployment in the summer of 2008 was due in part to a lack of confidence in the two presidential candidates with the drop after the election being due to a lack of confidence in Obama.
Romney should have pointed out that Obama's support for Planned Parenthood means he supports the idea of substandard Jim Crow quality health care for inner city minority women. Romney should have asked why Obama allows Planned Parenthood to operate an unlicensed medical facility in his hometown of Chicago. The 14th Amendment requires states to guarantee equal protection of the laws which means health care facilities that provide medical services to inner city minority women should have to meet the same high standards as facilities that provide health care to white men and women. Romney should promise that if elected he will enforce the 14th Amendment and force facilities that serve minority women to comply with the same standard as facilities that serve white men.
Romney should have mentioned that several states are investigating Planned Parenthood for Medicaid fraud and the federal government should also investigate the organization because it operates in multiple states and receives federal funds which provide an opportunity for similar fraud.
Romney should have asked if Obama has ordered a federal investigation into the death of Tonya Reaves who died after being treated at Planned Parenthood's unlicensed Chicago clinic. Reaves continued to bleed after her abortion and wasn't sent to a hospital for several hours. When she went to the hospital the clinic didn't bother to send information about her condition to give the hospital an idea of what might be wrong. Romney should announce that he will order a federal investigation into Reaves' death to determine if anyone at the clinic broke federal laws.
Some Democrats are complaining that Republicans have no new ideas. So what. Neither do the Democrats.
When Obama took office he suggested implementing programs like those used by Franklin Roosevelt during the Depression Obama ignored the fact that Roosevelt's programs didn't end the Depression.
New ideas would be desirable, but we won't get them from either major party. Thus we should consider which party's "old ideas" are better.
Political activists like to treat the economy as if the President was controlling it from his magical White House by figuratively pulling levers and pushing buttons. However, Congressional action may affect the economy more than the President's actions, because the President depends upon Congress to implement his recommendations and Congress can introduce its own programs.
An examination of unemployment Labor Department statistics over the last 20 years indicates unemployment was lower when Republicans controlled Congress than when Democrats controlled Congress. http://research.stlouisfed.org/fred2/data/UNRATE.txt
Unemployment was 5.2% when Republicans took control of Congress in January, 1995. Unemployment dropped to 3.9% just before the small recession that began at the end of the Clinton administration due to the failure of many Internet companies -- The Dot Com Bust.
Unemployment rose to 5.0% by the time 9/11 occurred. After 9/11 unemployment began a slow rise to 6.3% in June, 2003 and then fell back to 4.4% in December, 2006, just before control of Congress shifted to the Democrats.
During the 1st year of Democratic control of Congress unemployment rose back up to 4.7% and continued to rise in 2008 reaching 6.1% by August. Unemployment continued to rise through 2009. It has stabilized above 9.5%.
The last Republican Congress was able to get unemployment back down after it rose. The current Democratic cannot.
If Democrats had any ideas about how to get unemployment back down they would have implemented those ideas. It's time to see if the Republicans' "old ideas" can do any better.
The combination of a Republican Congress and a Democratic President worked well in the nineties. It's time to try it again even though Barack Obama is no Bill Clinton.