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WISDOM

If you support our national security issues, you may love and appreciate the United States of America, our Constitution with its’ freedoms, and our American flag.

If you support and practice our fiscal issues, you may value worldly possessions.

If you support and value our social issues, you may love Judeo-Christian values.

If you support and practice all these values, that is all good; an insignia of “Wisdom” . - Oscar Y. Harward

Wednesday, June 15, 2011

Three Most Common Mistakes Made By So-Called Fact Checkers When Assessing GOP’s Medicare Plan


 
 

President Barack Obama talks with Senate Majority Leader Harry Reid in the Oval Office.

 

Self-appointed independent fact checkers continue to miss the boat on the GOP's Medicare plan. And not just small misses, but big belly flop misses.


The immediate result has been fact-check assessments that ding Democrats for overstating how radical the GOP plan is and give political ammunition to Republicans to use against Democrats. But at a deeper level the misguided fact-checking -- almost always the result of insufficient expertise on Medicare specifically, and health insurance more broadly -- threatens to skew the public policy debate in ways that obscure the truth and complicates the effort to provide the public with a clear assessment of the GOP's plan on the merits.


The list of fact-checker errors and thin analysis is steadily growing but they fit broadly within three general categories. We take them one by one and have the experts weigh in:


MISTAKE #1: The GOP Plan Doesn't End Medicare


This is the single biggest bone of contentions for fact checkers, and it's based on a category error: Specifically, that if you replace one health insurance scheme with a different health insurance scheme, but call both of them "Medicare," then you haven't really "ended" anything.


A widely cited Monday piece by Washington Post fact-checker Glenn Kessler takes Democrats to the mattresses for three different claims they made about the plan in a recent web petition -- the biggest being that Republicans want to scrap the current Medicare program. "[T]he DSCC essentially says: The House Republican budget plan would eliminate Medicare."


For this, and other sins which we'll address momentarily, Kessler gives Dems a dreaded Four Pinocchios.


But even if you disagree with the politically charged way partisans talk about the GOP plan -- indeed, even if you support the GOP plan on the merits -- it's hard to claim that Dems are reaching new frontiers of dishonesty.


Here's Tom Scully -- former Bush administration director of the Center for Medicare and Medicaid Services -- on the Republican plan, in an interview with me. "It gets rid of -- and I would do that -- gets rid of the current Medicare program where the government is the insurance company and the government sets the prices."


Scully supports the concept of -- in his words -- privatizing Medicare. The GOP plan is modeled in many ways after the Medicare Prescription Drug Benefit, of which Scully was a key architect. He certainly doesn't think it would be the end of the world for current or future seniors. But he acknowledges that it would constitute "a fundamental structural change in the program."


The DSCC uses harsher words: "The radical GOP has not given up on its drive to kill Medicare," the petition reads.


In an email, Princeton professor Uwe Reinhardt -- perhaps the foremost health care economist in the country -- won't go so far as to say the GOP plan kills Medicare but argues that there's no doubt that it fundamentally changes the nature and purpose of Medicare. The Republican plan, Reinhardt tells TPM, "would change [Medicare] from a defined benefit to a defined contribution plan," and that contribution would be "much lower than the rate of growth of per-capita health spending."


"In my view, the Ryan plan does not kill Medicare, but it would substantially alter the social decades-old contract between the government and the elderly for those now 55 or younger," Reinhardt says, "...In short, Medicare will not disappear - i.e., get killed -- but it will be a much more meager program for most of the elderly."


In response to a query from TPM, Kessler stood by his fact check.


"There is a big difference between 'kills Medicare' and 'radical new vision,'" he writes. "The DSCC might have done better if it had said 'Kill Medicare as we know it" but it didn't even have that caveat. ... 'Radical new vision' suggests they want to change the program but still keep intact the notion of providing some form of health care support for the elderly. 'Kill Medicare' sounds like they want to end health care for elderly."


Kessler also stipulates that a different line of attack from Democrats would've met his muster, composing the following hypothetical attack ad:

The GOP has not given up on its drive to produce a radical new vision of Medicare, which even might mean a relatively small number of seniors now on Medicare would lose some benefits. Senate Minority Leader Mitch McConnell is trying to tie the debt ceiling vote to a bipartisan agreement on overhauling the finances of Medicare. Sign below and demand that Republican Senate candidates side with seniors, not GOP party leadership.

In assessing claims about the GOP plan, the fact checkers have tended toward an over-literalism which ignores the 40-plus-year political fight over Medicare that forms the backdrop for the current debate.


You can trace it all the way back to Ronald Reagan's admonition in 1961 on behalf of the American Medical Association that Medicare was nothing more than socialism.


For Republicans who have long considered Medicare a radical program, killing Medicare is precisely the goal, even if the broad political support for the program requires tempering their rhetoric. The fact checkers start from the premise that everyone owes it to the Republicans to take their tempered rhetoric at face value, notwithstanding this history.


MISTAKE #2: The GOP Budget Does Not Cut Benefits For Current Seniors


The Medicare plan, as written, would attempt to preserve fee-for-service Medicare for people in or near retirement. But the overall GOP budget would also repeal the new health care reform law, which is already providing new benefits for current retirees -- including a rebate for those who fall into the so-called "donut hole" for prescription coverage and free annual checkups for all seniors. Those benefits would disappear if the GOP budget were implemented.


Democrats translate this by saying Republicans want "to take needed health care coverage away from our seniors." One can quibble over the word "needed," but as Reinhardt notes, "Had Democrats done such a thing it would be decried as rationing" -- i.e. government rescinding Medicare benefits to save money.


The Post mostly grants this, but says it's wrong for Democrats to place so much focus on it. "In any case, it is a stretch to focus on this provision (and a couple of other issues) and then make a sweeping claim that leaves the impression that all seniors would be affected immediately. A repeal of the health law (which Obama would veto) could have some effect on some seniors in Medicare, but Republicans are right that the core of Medicare -- government-run health care for the elderly -- would remain unaffected for people over 55 for many years to come."


Therein lies the third most common mistake of the fact checkers.



MISTAKE #3: The GOP Plan Preserves Medicare For Current Seniors


This one's a bit trickier for fact checkers to navigate because there's nothing in the GOP plan that would change the basic structure of Medicare for current seniors by fiat. So, for example, fact checker PolitiFact asserts unreservedly that "Ryan's plan leaves Medicare as is for people 55 and older." Set aside the immediate cuts listed above, though, and this still isn't a complete assessment given actuarial realities.


As seniors in traditional Medicare aged and died, the size of that program -- and thus the health of its risk pool and its purchasing power -- would diminish under the GOP plan, for it would close the door on Medicare as a single-payer plan for people under 55. Thus as time wore on, the traditional Medicare program would incur higher costs per patient, and have a harder and harder time finding providers willing to serve its dwindling number of beneficiaries. In short, traditional Medicare would unravel economically. As Paul Krugman notes, eventually it would unravel politically, too.

Thanks Obama!


Soup Kitchen Line from the Great Depression photo
Soup Kitchen Line from the Great Depression




Back in February of 2009, Barack Obama said: "[The voters] didn't vote for the status quo; they sent us here to bring change. We owe it to them to deliver.” How’s that change working out for us? He emphasized that we HAD to pass it in order to keep unemployment under 8%. So what did he do? He spent money that we didn’t have. Lots of it. Over $800 billion now and what do we have to show for it?


Compared to February of 2009, when Obama’s stimulus plan was passed, we now have 1.9 million fewer people employed in the United States. At the time 141.7 million Americans were employed but by May 2011, that number had dwindled to 139.8 million.


Among those who have been hit the hardest are black Americans … 96% of the black vote in 2008 went to Barack Obama. When Obama was inaugurated, the unemployment rate among blacks stood at 12.6%. How are things looking in May 2011? The unemployment rate for blacks is 16.2%. The American Thinker sums this up for us:

So, while the overall unemployment rate has risen by 1.5% since Obama took office, the rate of unemployment for blacks is 3.6% higher. Seen another way, the gap between the African-American unemployment rate versus that of the entire population has widened from 5.0% when Obama took office to 7.1% as of May 2011.

They aren’t the only Obama supporters to be affected like this. Read the article to see how those college students who thought Obama was so “cool” are faring in the job market. And the “poor”?



This is what you get when you put a community organizing hack in the White House who couldn’t create one stinking job if his ego depended on it. This is also what you get when that community organizing hack surrounds himself with people who are in love with government and believe that government is the solution to all of our problems.

May 2011 Poll Results

 
 
This poll of 600 registered general election voters in North Carolina was conducted May 10-11, 2011 by National Research, Inc. of Holmdel, NJ. All respondents were part of a fully representative sample of registered voters in North Carolina. For purposes of this study, voters interviewed had to have voted in two of the past four general elections or were newly registered to vote since 2008.


The confidence interval associated with a sample of this size is such that: 95 percent of the time, results from 600 interviews (registered voters) will be within +/-4% of the “True Values.” True Values refer to the results obtained if it were possible to interview every person in North Carolina who had voted in two of the past four general elections or were newly registered to vote since 2008.
  1. Do you feel things in North Carolina are generally headed in the right direction or have gotten off on the wrong track?
    31%Right direction
    57%Wrong track
    13%Don’t Know
  2. And if the election for State Legislature were held today, would you be voting for the:
    40%Republican Candidate
    34%Democratic Candidate
    4%Neither
    22%Don’t Know
  3. If you were to label yourself, would you say you are a liberal, a moderate, or a conservative in your political beliefs?
    6%Very Liberal
    9%Somewhat Liberal
    38%Moderate
    23%Somewhat Conservative
    20%Very Conservative
    4%Don’t Know/Refused
  4. Do you approve or disapprove of the job that Bev Perdue is doing as Governor?
    11%Strongly Approve
    35%Somewhat Approve
    15%Somewhat Disapprove
    26%Strongly Disapprove
    12%Undecided/Don’t Know
  5. Do you approve or disapprove of the job that Barack Obama is doing as President of the United States?
    30%Strongly Approve
    21%Somewhat Approve
    15%Somewhat Disapprove
    31%Strongly Disapprove
    3%Undecided/Don’t Know
  6. Do you support or oppose the Tea Party Movement?
    16%Strongly Support
    18%Somewhat Support
    15%Somewhat Oppose
    26%Strongly Oppose
    24%Don’t Know/No Opinion
  7. Talking about the economy, in your opinion, how much longer do you think it will take for the economy to improve and the current recession to end? If you think the current recession has ended just say so.
    1%Under 6 Months
    7%Between 6 months and a year
    22%Between 1 and 2 Years
    60%Over 2 Years
    3%Recession has ended
    7%Don’t know
  8. Would you be more or less likely to vote for a legislator in 2012 who voted to raise taxes by over $800 million?
    5%Much more likely
    10%Somewhat more likely
    17%Somewhat less likely
    55%Much less likely
    4%No difference
    8%Don’t know/refused
  9. Would you support or oppose a plan by Governor Bev Perdue to raise taxes by over $800 million?
    6%Strongly Support
    11%Somewhat Support
    12%Somewhat Oppose
    63%Strongly Oppose
    7%Don’t Know/No Opinion
  10. Here is a short list of issues in the news. For each, please tell me on a scale of 1 to 10 how important that issue is in terms of how you will vote in the next NORTH CAROLINA legislative election, with 10 being Extremely Important and 1 being Not Important at all. Remember, you can use any number between 1 and 10. Economy and jobs:
    10. 56%9. 15%8. 14%7. 7% 6. 2%5. 3% 4. – 3. 1%2. – 1. 2%
    Average: 8.9
  11. Roads and highways
    10. 13%9. 3%8. 18%7. 15%6. 9%5. 23%4. 6%3. 6%2. 3%1. 3%
    Average: 6.3
  12. Immigration
    10. 26%9. 5%8. 11%7. 13%6. 7%5. 17%4. 4%3. 4%2. 5%1. 7%
    Average: 6.6
  13. Government Ethics and Corruption
    10. 43%9. 10%8. 13%7. 8%6. 4%5. 12%4. 3%3. 2%2. 1%1. 4%
    Average: 7.9
  14. Taxes
    10. 32%9. 9%8. 22%7. 10%6. 6%5. 14%4. 2%3. 1%2. 1%1. 3%
    Average: 7.7
  15. Education
    10. 52%9. 10%8. 12%7. 9%6. 4%5. 9%4. 1%3. –2. 1%1. 2%
    Average: 8.5
  16. Government Spending
    10. 46%9. 8%8. 16%7. 7%6. 5%5. 9%4. 2%3. 2%2. –1. 4%
    Average: 8.1
  17. As you may know, concealed carry permits allow licensed individuals to legally carry a concealed handgun after they passing a background check and taking a class on gun use and laws.
    47%Strongly Support
    20%Somewhat Support
    11%Somewhat Oppose
    20%Strongly Oppose
    2%Don’t Know/No Opinion
  18. Now I am going to read you a series of issues. Please tell me who you trust more – the State Legislature or Governor Perdue – to handle each of the following issues. Cutting State Spending:
    60%Legislature
    26%Perdue
    2%Both
    6%Neither
    5%Don’t know/refused
  19. Keeping State Taxes Low
    64%Legislature
    21%Perdue
    2%Both
    8%Neither
    5%Don’t know/refused
  20. Encouraging Job Creation
    48%Legislature
    37%Perdue
    3%Both
    5%Neither
    7%Don’t know/refused
  21. Fighting Corruption in State Government
    49%Legislature
    33%Perdue
    3%Both
    9%Neither
    6%Don’t know/refused
  22. Which level of government do you most trust to protect the educational quality of your public schools?
    27%State Government
    65%Local Government
    1%Other
    4%Neither
    3%Don’t Know/refused
  23. Does North Carolina spend too much on K-12 public education, not enough on public education or does it spend about the right amount?
    13%Too much
    22%Right amount
    59%Not enough
    6%Don’t know/refused
  24. Think for a moment about the1.5 million students enrolled in kindergarten through high school in North Carolina public schools In the past school year (2009-10) On average, how much in total tax dollars do you think North Carolina spends per student on education?
    22%Below $5,000
    9%Between $5,000 and $7,000
    4%Between $7,000 and $8,500
    6%Between $8,500 and $10,500
    3%Between $10,500 and $12,000
    8%Over $12,000
    49%Don’t know/refused
  25. North Carolina actually spends about $8,500 each year in total tax dollars per student on K-12 (K through twelve) education. Knowing North Carolina spends $8,500 per student on K-12 education is that too much, too little or about the right amount?
    18%Too much
    34%Right amount
    40%Not enough
    8%Don’t know/refused
  26. In your opinion, do you think North Carolina taxpayers are getting a good return on their investment of $8,500 per student per year?
    26%Yes
    66%No
    8%Don’t know/refused
  27. The next two questions were split between the poll sample.
    Currently North Carolina statutes allow only certain membership organizations to collect their membership dues via payroll deduction. Some people want to end this practice and make the groups collect their dues like other membership or interest organizations. Do you think certain organizations should…
    30%Continue to be able to collect dues through payroll deductions
    46%Have to collect dues directly from members like other groups
    23%Don’t know/no opinion
    <>
  28. The state of North Carolina deducts union dues directly from the paychecks of some teachers and state employees and sends them directly to the unions. Do you think that …
    26%The state should continue to collect these dues through payroll deductions
    51%Have the union collect the dues directly from members like other membership groups
    22%Don’t know/refused
  29. Currently, the state pays for all of the state employees’ and teacher’s health insurance costs. Teachers and state employees pay nothing. Do you support or oppose a bill passed this year by the state legislature requiring state employees and teachers to pay between 11 and 22 dollars each month for their health insurance?
    43%Strongly Support
    19%Somewhat Support
    8%Somewhat Oppose
    24%Strongly Oppose
    6%Don’t Know/No Opinion
  30. Governor Perdue has proposed a 19.9 billion dollar budget. In order to pay for her budget she would raise taxes on NC residents by 826 million dollars. The North Carolina House passed a budget of 19.3 billion dollars, which cut spending, but raised no taxes. Which option do you support?
    19%Governor Perdue’s 19.9 billion dollar budget, where taxes for residents would need to be raised by 826 million dollars
    70%The North Carolina House budget of 19.3 billion dollars, which cut spending , but raised no taxes..
    4%Neither/Other
    7%Don’t know/refused
  31. The next two questions were split between the poll sample.
    Would you support or oppose allowing someone with a permit to carry a concealed weapon to carry a gun into an eating establishment that serves alcohol?
    15%Strongly Support
    10%Somewhat Support
    11%Somewhat Oppose
    62%Strongly Oppose
    2%Don’t Know/No Opinion
  32. Would you support or oppose allowing someone with a permit to carry a concealed weapon to carry a gun into a bar?
    11%Strongly Support
    9%Somewhat Support
    8%Somewhat Oppose
    68%Strongly Oppose
    4%Don’t Know/No Opinion
  33. The legislature and governor plan to spend up to 40 million dollars in incentives to encourage companies to locate in North Carolina or to hire more people. Please tell me which of the following comes closer to your opinion in this matter…
    56%Some people say that this is a good way to spend the money because it could result in good job creation
    36%Other people say that there are better ways to spend the money, like on schools and public safety
    8%Don’t know
  34. Unemployment benefits for some individuals expired after they collected benefits for 77 weeks. If the legislature changes state law the federal government will spend another $273 million in taxpayer money to give these individuals another 20 weeks of unemployment. Would you support or oppose the legislature changing state law to give another 20 weeks of unemployment to those whose benefits have expired?
    31%Strongly Support
    22%Somewhat Support
    12%Somewhat Oppose
    31%Strongly Oppose
    5%Don’t Know/No Opinion
  35. The North Carolina Constitution requires a balanced budget. To balance that budget this year the legislature has two options. They can spend more by raising taxes or cut spending to meet the $19.1 billion dollars of revenue available. The governor proposed a 19.9 billion dollar budget with over 800 million dollars in tax increases. The legislature passed a spending plan that is about 800 million dollars lower without raising taxes. Which of those two options do you support:
    20%Spending more with a tax increase
    71%Spending available revenue with no tax increase
    2%Neither/other
    7%Don’t know/refused
  36. Do you support or oppose the death penalty for violent offenders in North Carolina?
    49%Strongly Support
    21%Somewhat Support
    8%Somewhat Oppose
    16%Strongly Oppose
    7%Don’t Know/No Opinion
  37. Should a hospital be required to ask permission from a state agency prior to buying a piece of medical equipment, adding on to a hospital building or building a new hospital? They would still be required to get all the local permits any other construction project would have to get.
    35%Yes
    55%No
    9%Don’t Know
  38. There is proposed legislation that would require that a woman seeking an abortion must first consult with a doctor, who would then provide an ultrasound image of the fetus, and then provide the woman with information on alternatives to abortion. After this, the legislation would require a 24-hour waiting period before the abortion can be performed. Do you support or oppose this proposed legislation?
    42%Strongly Support
    14%Somewhat Support
    8%Somewhat Oppose
    28%Strongly Oppose
    8%Don’t Know/No Opinion
  39. In 2010 the legislature and governor passed a law that raised North Carolina’s gas tax by turning what had been a CAP on how high the tax could be into a floor beneath which the tax could not fall. Due to rising gas prices in July the tax on gas will increase from 32 cents to 36 cents a gallon if the legislature and governor do not act. Should the legislature and governor act and reinstate the CAP on the gas tax or should it allow the tax to continue to rise with the price of gas?
    80%The legislature should act and reinstate the cap on the gas tax
    15%The tax should continue to rise with the price of gas
    5%Don’t know
  40. Gasoline prices are reaching record highs. Please tell me which of the following opinions comes closer to your own…
    13%Some people say this is good as people will drive less, use more public transportation and pollute less
    80%Other people say high gas prices are bad as they strain the budgets of families and will hurt the economy.
    7%Don’t know/refused
  41. Please tell me if you agree or disagree with the following statement: “Due to higher gas prices, I will have to change my memorial day or summer vacation plans.”
    33%Strongly agree
    11%Somewhat agree
    16%Somewhat disagree
    35%Strongly disagree
    4%Don’t Know/No Opinion
  42. Age
    7%18-25
    28%26-40
    27%41-55
    17%56-65
    22%66+
  43. In terms of your current employment status, would you say you…
    8%Are self-employed
    32%Work for a private company
    2%Work for the federal government
    10%Work for state or local government
    7%Work in public education
    7%Are a homemaker
    22%Are retired
    11%Are unemployed
    2%Don’t know/refused
  44. Of the following which best describes your use of guns?
    29%Own a gun but do NOT have a concealed carry permit
    10%Own a gun AND have a concealed carry permit
    1%Have a concealed carry permit but do NOT own a gun
    58%Have NEITHER a gun or concealed carry permit
    2%Don’t know/refused
  45. Which category best describes your race or ethnicity?
    76%White or Caucasian
    18%African American or Black
    1%Hispanic or Latino
    3%Native American
    1%Asian or Pacific Islander
    1%Refused
  46. Would you consider the area you live in to be…
    18%Urban
    42%Suburban
    36%Rural
    4%Don’t know/refused
  47. Gender
    48%Male
    52%Female
  48. Geographic Area
    22%Charlotte
    13%Western
    19%Piedmont Triad
    22%Triangle
    10%Northeast
    14%Southeast
  49. Party Reg
    33%Republican
    47%Democrat
    20%Independent/other
This article was posted in Results by Civitas Staff on June 15, 2011 at 6:00 am.

Tuesday, June 14, 2011

Morning Bell: Unemployment Is No Laughing Matter

http://blog.heritage.org/2011/06/14/morning-bell-unemployment-is-no-laughing-matter/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell


Posted June 14th, 2011 at 9:33am in Enterprise and Free Markets, Entitlements
 
As President Barack Obama swung through North Carolina yesterday, he did all he could to show that he cares about the U.S. economy, its 9.1 percent unemployment rate, and the 13.9 million Americans who remain out of work. Well, that is, until he let a bit of honesty slip off his tongue.


During a meeting with his Jobs and Competitiveness Council—a group of CEOs the President created to give him advice on the economy—conversation turned to Obama’s $787 billion stimulus that promised to “create or save” 3.5 million new jobs by 2011 by pumping money into “shovel ready” jobs. Confronting the reality that his stimulus failed, the President quipped, “Shovel-ready was not as shovel-ready as we expected.” The council, led by GE’s Jeffrey Immelt, burst into laughter.


But for those millions of jobless Americans who have not seen the promise of Obama’s stimulus come to fruition, unemployment is no laughing matter. Still, though, that reality escapes those on the left who continue to cling to the notion that President Obama’s big government, Keynesian policies have succeeded despite all evidence to the contrary.


Case in point: On Sunday’s “Meet the Press,” host David Gregory confronted DNC chairwoman Debbie Wasserman Schultz with the cold hard facts—unemployment is up 25 percent since President Obama’s inauguration day, the debt is up 35 percent, a gallon of gas is up 104 percent, and 59 percent of Americans disapprove of the President’s handling of the economy. Wasserman Schultz’s reply that, in all likelihood, is still spinning like a top two days later: ”We were able to, under President Obama’s leadership, turn this economy around.”


Obviously enough, the economy has not turned around. In a roundtable published by Barron’s magazine, 10 money managers and financial market experts were unanimous in their belief that slower economic growth is in store for the second half of 2011. Meanwhile, economists surveyed by The Wall Street Journal say that the biggest risk to the U.S. economy’s recovery is a slowdown in hiring. On average, they expect the economy to add just 2.2 million jobs over the next year. And to make matters worse, Bill Gross of the Pimco investment firm told CNBC that the United States is in worse financial shape than Greece when its public debt is added to all the money owed to cover future liabilities in entitlement programs.


Or if you apply simple logic, if the economy had turned the corner, the President wouldn’t need to tour the country to convince America that down is up, night is day, and that he’s doing a great job getting people back to work.


In another bit of unintentional Obama economy comedy, the LA Times‘ Peter Nicholas laments today that “traditional tools to jolt the economy [are] largely exhausted or unavailable” to the President—more spending and tax cuts are off the table, he writes, because Congress is “concerned with reducing the federal debt.” Remember, though, that debt comes from spending, and it’s Obama’s reliance on spending that has helped put us where we are today. Heritage’s James Sherk and Rea Hederman, Jr., write:

The President responded to the recession with the stimulus, which massively expanded the size of government. President Obama now fiercely resists attempts to reduce spending and insists on dealing with the deficit by raising taxes on “the rich”—i.e., successful entrepreneurs and business owners. Increased government spending displaces private-sector business investment.
Other Obama policies that have made America’s economic picture worse include the President’s health care plan (which makes hiring new workers significantly more expensive, while leaving uncertainty over future costs); an increased effort to foist unionization on employers and employees; a refusal to submit trade agreements with South Korea, Colombia, and Panama (that would create new business opportunities, along with tens of thousands of jobs); and an opposition to increasing domestic energy production, which will leave Americans to grapple with high energy costs.


There are, in fact, things the President can do to help the economy get on the right track. As Sherk and Hederman note, it starts with opening the door for entrepreneurs and businesses to expand and create new jobs by lifting the stifling regulations and burdens that have been created in the past two years.


President Obama might want to joke about jobs or downplay his failures as mere “bumps on the road.” He might also like to blame America’s troubles on the previous Administration or “unease about the European fiscal situation.” The truth, though, is a different story, and rather than joking, downplaying, or blaming, it’s time for the President to get to work on fixing the problem.