Reader's view: Obama is killing business with army of federal regulators
“Three million jobs have been created under President Barack Obama,” claimed the writer of the May 9 Local View column, “Income inequality?” This implied that the president somehow deserves credit for job creation — much as the rooster deserves credit for the sunrise.
Presidents, Democratic or Republican, don’t create jobs. They hinder or get out of the way. Sure, they can direct a manager to hire another bureaucrat or they can funnel money and favors to crony capitalist friends at taxpayer expense. But government can do neither without extracting money and resources from the value-creating private sector.
So what’s the big deal? We exchange private-sector jobs for government jobs for a net change of zero, right? Except that government jobs often resemble one guy digging a hole with a second guy filling it up, at high cost, with little accountability and no value added. Internal Revenue Service, anyone?
Obama unleashed his growing army of regulators, often unlawfully, on religion, speech, self-defense, health care, education, finance, housing, transportation, energy and mining, not only discouraging hiring but converting many private-sector employees into de-facto, zero-value government employees attempting to comply with reams of regulations.
We truly are the regulation nation with an annual federal regulatory burden estimated at $1.8 trillion, more than half the size of the federal budget.
Obama’s own words reveal his character:
“We are the ones we’ve been waiting for,” he said, revealing his narcissism.
“At a certain point you’ve made enough money,” he said, revealing his hunger for control.
“We will tell our children this was the moment when the rise of the oceans began to slow,” he said, revealing his delusion and arrogance.
“If you’ve got a business, you didn’t build that; somebody else made that happen,” he said, revealing his condescension.
And, “I am an ardent believer in the free market,” revealed his deceit.
Wayne C. Anderson