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Obama’s Economy: The Excuses Begin

Blame everything, except the government's policies. Also read: Shrinking Economy? The GOP Built That

by
Tom Blumer

Bio

January 30, 2013 - 12:00 am
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Just days after the November presidential and congressional elections which gave President Barack Obama a non-mandate of 50.6% of the popular vote and the demonstrated supported of less than 27% of all U.S. adults, NBC’s Brian Williams actually told viewers:

With the election now over, it is once again safe to talk about the economy and jobs. Now that it is not a campaign issue, it’s back to reality.

Still in Democrat-supportive campaign mode, Williams then introduced a report by correspondent Harry Smith about how “the idea that manufacturing in America is dead … is an outright falsehood.” Mary Andringa, president and CEO of Iowa manufacturer Vermeer Corporation and then-board chair at the National Association of Manufacturers, told Smith:

What’s really outstanding is the fact that in 2010, the U.S. had an output of $4.8 trillion of manufactured goods. That was up from $4.1 (trillion) in 2000 — and we’ve been through two recessions in the past decade.

That is undoubtedly an impressive achievement which should not be discounted. But then Smith delivered the kicker:

Five million manufacturing jobs were lost in the U.S. in the last decade. But new jobs have been created too, and believe it or not, many manufacturers in the U.S. are looking for help.

This highlights two problems. The first, which is that our educational system and culture are not preparing enough people for the jobs which need to be filled, is self-evident to anyone with open eyes.

The second, despite the unfilled positions just noted, is even more important: unlike what occurred after every other post-World War II downturn, not enough new jobs are currently being created to make up for the ones being lost. The new companies and entire industries which have always emerged and generated enough new jobs to replace those lost as a result of increased productivity in existing industries aren’t appearing at a rate necessary to reduce unemployment to an acceptable level.

Why not?

At the Associated Press, aka the Administration’s Press, the post-election search for an explanation clearly had two important constraints. First: do not blame the Obama administration or the federal government for anything. Second: find something to blame which appears to be plausible and can’t be immediately refuted.

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