John Boehner’s big jobs speech today contained lots of rhetoric, but lacked a single concrete idea to create jobs. In fact, Boehner never uttered the words middle class or unemployed.
Here is the video from C-SPAN:
John Boehner gave lots of love to the GOP’s mythical job creators, “Last week the president put forth a new set of proposals. The House will consider them, as the American people expect. Some of the president’s proposals offer opportunities for common ground. But let’s be honest with ourselves. The president’s proposals are a poor substitute for the pro-growth policies that are needed to remove barriers to job creation in America…the policies that are needed to put America back to work. If we want job growth, we need to recognize who really creates jobs in America. It’s the private-sector. This building is named in memory of President Ronald Reagan, who recognized that private sector job creators are the heart of our economy. They always have been.”
Boehner claimed that America’s job creators are on strike, and that only lower taxes will get them hiring again,
The reality is that employers will hire if they have the right incentives, but the incentives have to outweigh the costs. Businesses are not going to hire someone for a $4000 tax credit if government mandates impose long-term costs on them that significantly exceed the temporary credit. In recent years, such mandates have been overwhelming. Private-sector job creators of all sizes have been pummeled by decisions made in Washington.
They’ve been slammed by uncertainty from the constant threat of new taxes, out-of-control spending, and unnecessary regulation from a government that is always micromanaging, meddling, and manipulating. They’ve been hurt by a government that offers short-term gimmicks rather than fundamental reforms that will encourage long-term economic growth.
They’ve been hampered by a government that offers confusion to entrepreneurs and job creators when there needs to be clarity. They’ve been undercut by a government that favors crony capitalism and businesses deemed ‘too big to fail,’ over the small banks and small businesses that make our economy go. They’ve been antagonized by a government that favors bureaucrats over market-based solutions. They’ve been demoralized by a government that causes despair when we need it to provide reassurance and inspire confidence.
My worry is that even after all of this, much of the talk in Washington right now is basically about more of the same. More initiatives that seem to have more to do with the next election than the next generation. . .initiatives that seem to be more about micromanaging economic decisions than liberating them. I think the American people are worried about this too. I can tell you the American people — private-sector job creators in particular — are rattled by what they’ve seen out of this town over the last few years. My worry is that for American job creators, all the uncertainty is turning to fear that this toxic environment for job creation is a permanent state. Job creators in America are essentially on strike.
Speaker Boehner stated that the only way to “liberate” the job creators was to do away with government regulations, get rid of unions, and cut government spending.
John Boehner gave a speech about jobs that did not contain a single new job creating idea. Boehner doesn’t seem to realize that the last decade of non-stop tax cuts has not created jobs. It is mind boggling that Boehner gave a speech that never mentioned the middle class and the unemployed. John Boehner invoked the name of Ronald Reagan, but what he left out was that Reagan created jobs during his second term by raising both government spending and taxes. Reagan increased government spending 69% during his presidency.
Reagan pioneered the backdoor Republican stimulus model as he increased defense spending by 92%. The plan that today’s Republican Party has hitched themselves to was not what Reagan actually did. Today’s GOP has taken the theory of Reaganomics to a whole new level.
The whole point of Boehner’s speech was the liberation of his beloved mythical job creators. The rest of America doesn’t exist. It doesn’t matter to Republicans that when I have the extra money to pay somebody to mow my grass in the summer, or shovel snow in the winter, I am also a job creator. Everyone in America is a job creator because when spend they create revenue which allows employers to hire more workers.
The idea that there exists an anointed special class of people who have the special power to create jobs if they are inclined to do so is preposterous. There are 25 million unemployed or underemployed job creators in America today.
Instead of dressing up more tax cuts for the rich as job creation, let’s hear a real plan to liberate unleash the 25 million job creators that have been imprisoned by the GOP’s protect the rich recession.