Extending Unemployment Insurance,Is In Reality A Tax On Employers

Via The American Spectator:

Another part of the bill would extend unemployment insurance.  My Cato Institute colleague Chris Edwards explains why this is bad policy:

any stimulus from UI benefits will be counteracted by the anti-stimulus of the higher taxes needed to pay for them. Many states have been raising their UI taxes on businesses in order to replenish their unemployment funds, and these tax increases are surely harming job creation.
Another negative effect of UI benefits is that they increase unemployment because they reduce the incentive for people to find work. Higher UI benefits delay the need for people to make tough choices about their careers, such as switching industries, taking lower pay, or moving to a different city. It's a basic rule that when the government subsidizes something, we get more of it.

Leave it to Congress to create more long-term problems with every step they take trying to deal with the economy.  This may be the most important argument on behalf of a policy of laissez faire.  Private markets are far from perfect.  But politicians always in every case make a bigger mess of things!

Ronald Reagan said it best,"government is not the solution,it is the problem."

Tell Me Exactly Who Is In Rebellion,Junior?

Jesse Jackson Jr. wants,Obama to declare Congress in rebellion,and operate outside the bounds of the Constitution:

Illinois Democratic Rep. Jesse Jackson, Jr. told The Daily Caller on Wednesday that congressional opposition to the American Jobs Act is akin to the Confederate “states in rebellion.”
Jackson called for full government employment of the 15 million unemployed and said that Obama should “declare a national emergency” and take “extra-constitutional” action “administratively” — without the approval of Congress — to tackle unemployment.
“I hope the president continues to exercise extraordinary constitutional means, based on the history of Congresses that have been in rebellion in the past,” Jackson said. “He’s looking administratively for ways to advance the causes of the American people, because this Congress is completely dysfunctional.”

No,Congressman Jackson,"congressional opposition to the American Jobs Act" is not "akin to the Confederate states in rebellion."

First of all,the Confederate States were not in rebllion,they left the Union of their own free will,as it was their right to do so.It was Lincoln,who operated outside the bounds of the Constitution,subjagated the Southern states by force of arms.It was Lincoln who was in rebellion,rebellion to the Constitution.

If Obama takes "extra-constitutional" measures,like Lincoln 150 years ago,he would be in rebellion to the Constitution.Then every state -not 13 as 150 years ago,but all 50 states- should secede from the Union immediately,and reform our government under the Constitution.

What should be done now with Rep. Jesse Jackson Jr.,Sister Tolijah has the answer:

Glenn Reynolds thinks Jackson should resign over this. Resign, hell. “Representative” Jesse Jackson, Jr., should be brought before the House and expelled for violating his oath.

It will never happen,but it should.

'Obama: "None Of Us Make It On Our Own" Without Government'

Obama:

"Now, I want to be very clear here. Nobody wants to punish success in America. The Republicans talk about class warfare. That’s — our goal is to make success available for everybody. What’s great about this country is you’ve got a good idea, you’ve got a service that nobody else has thought of, you know what, go out there, start a business. Make money. I want everybody out there to be rich. That’s great. Anybody in America should be able to make it if they try."

"But none of us make it on our own. Somebody — an outstanding entrepreneur like a Steve Jobs — somewhere along the line he had a teacher who helped inspire him. All those great Internet businesses wouldn’t have succeeded unless somebody had invested in the government research that helped to create the Internet. We don’t succeed on our own. We succeed because this country has, in previous generations, made investments that allow all of us to succeed."

Wrong,Wrong,Wrong!

Without private business's,like BBN Technologies,the Department of Defence would not have had the Internet to begin with,Mr. President.Its the other way around,without free markets the government wouldn't make it on its own.

The government,like most people is a consumer.Unlike individuals though,the government doesn't create or produce anything,and is totally dependent on what it can purchase from others.

Also,Steve Jobs wasn't inspired by a teacher or anyone else from the government.Steve Jobs was inspired by this man,the creator of Polaroid:

Steve Jobs idolized Edwin Land, and it's clear he learned a lot from him.

Like Jobs, Land dropped out of college. Like Jobs, Land obsessed about function and form. Like Jobs, Land scoffed at the idea of "market research." (Both men believed that consumers don't know what they want until they see it.)

As Ronald Reagan said,"government isn't the answer,it is the problem."