Last Night, President Obama Sowed the Seeds of His Own Destruction
Consider, objectively, some of the points of Barack Obama’s plan.He wants to extend unemployment benefits again. He wants to extend a payroll tax holiday. He wants to give tax credits to small businesses to hire people. He wants more government pork for more roads and bridges.These are all things Republicans have gone along with in the past. These are all things Republicans will probably go along with this time.Some of these things just preserve the status quo. The status quo last month created zero jobs.In other words, Barack Obama has largely proposed a plan key portions of which can pass with bipartisan support. And they will pass with bipartisan support. And there will be a grand bipartisan signing ceremony. Lots of pictures will be taken.No jobs will actually be created. The recession will double dip. But Barack Obama will have gotten his bipartisan jobs plan. So he will not be able to blame the GOP. He’ll have to blame mother nature again.By then, voters will have had enough. They will blame Barack Obama. They will see his ideas are failures. Barack Obama sowed the seeds of his own destruction by offering up just enough acceptable bipartisan compromises to make himself look leadenly, but those compromises are not what will create jobs. Obama will get blamed.And the kicker?Well, the jobs plan will get passed soon. Then the “super committee” will start tinkering with all of it and there is no guarantee his tax credits and other ideas will survive. But then the super committee was a bipartisan idea too.