The Washington Post’s Robert Samuelson asks the question in his column today, “Who’s going to get the jobs machine going?” Some advocate more stimulus, but the continuing expansion of the federal debt could undermine the economy generally, so others advocate gradual debt reduction.
Samuelson suggests “a middle way” — “to scour government for policies that discourage job creation.
Consider the Environmental Protection Agency’s recent proposal requiring permits for large industrial facilities emitting 25,000 tons of greenhouse gases annually. New plants or expansions would need permits demonstrating they’re using “the best practices and technologies” (whatever they might be) to minimize six greenhouse gases. Permits would be granted on a case-by-case basis; the proposed rule is 416 pages of dense legalese.
How could this promote investment and job creation, except for lawyers and consultants? Government erects many employment obstacles: restrictions on oil and natural gas drilling; unapproved trade agreements; some regulations. But reducing these barriers would require the Obama administration to choose between its professed interest in more jobs and its many other goals — a choice it has so far avoided.
That seems right to us. The Obama Administration has many policies and proposals, but no “growth agenda” to support the long-term competitiveness of the U.S. businesses that create jobs.
Latest posts by Carter Wood (see all)
- Farewell from a Blogger - May 25, 2011
- Activist Ignore Evidence to Back Shakedown Suit Against Chevron - May 25, 2011
- More than a Lawsuit: A Circle of Political Pressure Against Chevron - May 25, 2011