The President achieves new heights of post-modern politics
By MARK STEYN
The president has taken to the campaign trail to promote his American Jobs Act. That’s a good name for it: an act. “Pass this bill now!” he declared 24 times at a stop in in Raleigh, North Carolina, and another 18 in Columbus, Ohio, and the act is sufficiently effective that, three years into the Vapidity of Hope, the president can still find crowds of true believers willing to chant along with him: “Pass this bill now!”
Not all supporters are content merely to singalong with the prompter-in-chief. In North Carolina, a still-devoted hopeychanger cried out, “I love you!”
“I
love you, too,” said the president. “But… .”
Oh,
no, here it comes: conditional love. “But, if you love me, you’ve got to help
me pass this bill!” You’d be surprised how effective this line is: I tried it
on Darlene in the back of my Ford Edsel when I was 17, and we didn’t get home
till two in the morning.
Pass
this bill now, or I’ll say “Pass this bill now!” another two dozen times! With
this latest inspiration, Obama has taken the post-modern phase of democratic
politics to a whole new level. “Pass this jobs bill”? Simply as a matter of
humdrum reality, there is no bill, it won’t “create” any jobs, and it will be
paid for with money we don’t have. But the smartest president in history has
calculated that, if he says the same four monosyllables over and over, a
nonexistent bill to create nonexistent jobs with nonexistent money will be yet
another legislative triumph in the grand tradition of his first stimulus (the
original Dumb And Dumber to the sequel’s Stimulus And Stimulusser).
The
estimated cost of the non-bill is just shy of half a trillion dollars. Gosh, it
seems like only yesterday that Washington was in the grip of a white-knuckle,
clenched-teeth showdown over whether a debt ceiling deal could be reached
before the allegedly looming deadline. When the deal was triumphantly unveiled
at the eleventh hour, it was revealed that our sober, prudent, fiscally
responsible masters had gotten control of the runaway spending and had carved
(according to the most optimistic analysis) a whole $7 billion of savings out
of the 2012 budget. The president then airily breezes into Congress and in 20
minutes adds another $447 billion to the tab. That’s what meaningful course
correction in Washington boils down to: seven billion steps forward, 447
billion steps back.
This
$447 billion does not exist, and even foreigners don’t want to lend it to us. A
majority of it will be “electronically created” by the Federal Reserve buying
U.S. Treasury debt. Don’t worry, it’s not like “printing money”: we leave that
to primitive basket-cases like Zimbabwe. This is more like one of those
Nigerian email schemes, in which a prominent public official promises you a
large sum of money in return for your bank account details. In the case of Ben
Bernanke and Timothy Geithner, one prominent public official is promising to
wire a large sum of money into the account of another prominent public
official, which is a wrinkle even the Nigerians might have difficulty selling.
But
not to worry. On Thursday night, the president told a Democratic fundraiser in
Washington that the Pass My Jobs Bill bill would create 1.9 million new jobs.
What kind of jobs are created by this kind of magical thinking? Well, they’re
“green jobs” – and, if we know anything about “green jobs,” it’s that they take
a lot of green. German taxpayers subsidize “green jobs” in their wind-power
industry to the tune of a quarter of a million dollars per worker per year:
$250,000 per “green job” would pay for a lot of real jobs, even in the European
Union. Last year, it was revealed that the Spanish government paid $800,000 for
every “green job” on a solar panel assembly line. I had assumed carelessly that
this must be a world record in terms of taxpayer subsidy per fraudulent “green
job.” But it turns out those cheapskate Spaniards with their lousy
nickel-and-dime “green jobs” subsidy just weren’t thinking big. The Obama
administration’s $38.6 billion “clean technology” program was supposed to
“create or save” 65,000 jobs. Half the money has been spent – $17.2 billion –
and we have 3,545 jobs to show for it. That works out to an impressive
$4,851,904.09 per “green job.” A world record! Take that, you loser Spaniards!
USA! USA!
So,
based on previous form, Obama’s prediction of 1.9 million new jobs will result
in the creation of 92,000 new jobs, mostly in the Federal Department of Green
Jobs Grant Applications.
Just
to put it in perspective, the breezy $447 billion price tag for the Pass My
Jobs Bill jobs bill is about 20 times higher than the most recent Greek
government deficit currently threatening the stability of the entire Eurozone.
Indeed, Greece’s projected 2011 deficit – $24 billion at last count – is little
more than half of just one of Obama’s boutique, niche “green jobs” programs. As
Churchill almost said, never in the field of human con tricks has so much been
owed by so many to so little effect.
Fortunately,
there is no “American Jobs Act”. Indeed, the other day, tired of waiting for
Obama to turn his telepromptered pseudo-bill into a typewritten actual bill,
the Texas Congressman Louie Gohmert waggishly introduced an “American Jobs Act”
all of his own. But back on the campaign trail the chanting goes on, last
week’s election results in Nevada and New York notwithstanding. America has the
lowest employment since the early Eighties, the lowest property ownership since
the mid-Sixties, the highest deficit-to-GDP ratio since the Second World War,
the worst long-term unemployment since the Great Depression, the highest
government dependency rate of all time, and the biggest debt mountain in the
history of the planet. And the president has just announced to the world that
he’s checked the more-of-the-above box. The Pass My Jobs Bill jobs bill
proclaims that this is all he knows and all he wants to know.
In my new book, I point out that Big
Government leaves everything else smaller – and, when it’s bigger than anything
ever attempted, the everything else is going to be way smaller. Maybe if you’re a “public
service” worker or a tenured professor at Berkeley or a green-jobs racketeer or
a New York Times columnist married to an heiress, you can afford Obama. But, if
you’re not, look at your home, look at your savings, and figure out what’ll be
left after another four years of “stimulus.”
“I
love you!” squeals the Obammybopper in North Carolina. “I love you, too,” says
Obama. “But… .”
But:
You gotta take this half-trillion dollar bill, and the next one, and the one
after that. Like Al Gore says in “Love Story,” love means never having to say
you’re sorry.
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