Reflections From a Murky Pond

The American economy, bogged down in an extended recession, is not walking swiftly down the road to recovery. In point of fact, it seems to be trudging slowly and painfully down the road to recovery with only slow improvements and few jobs for the American people.

This is not surprising since American businesses and corporation are forced to drag the huge, dead weight of government intervention along with them down that road.

The Road To Recovery

One can argue that any specific piece of government intervention into the market is necessary. One cannot, however, rationally dispute that almost all forms of government regulation have a chilling effect upon the economy. One also cannot rationally argue that these prior restraints upon trade have a disproportionate negative effect during times of economic crisis such as America now finds itself in.

To make matters worse, most occurrences of government intervention into the private sphere are politically motivated and the laws, regulations, and “fixes” are neither straightforward or equitable. They are instead laden with handouts to the politicians’ backers and supporters.

It comes down to one’s priorities. If one wants the economy to recover more quickly and robustly, one has to free it from the shackles of government intervention. If one wants to favor other interests or to have a slower growing, managed economy – paying the price in the loss of “booms” in order to avoid “busts” – one can continue on in the manner of the current regime.

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A while back Obama blamed technology, specifically the internet, for America’s job loss and continued unsustainable levels of unemployment.  While it’s abundantly true that, in three long years, Obama has spent most of his efforts in blaming everyone other than himself and his Liberals for America’s issues,  I’ve got to admit that he’s got a point this time.

That is what technology does. It removes the need for low-end manual effort, effort that is considered unacceptably hazardous, and effort that requires tedious repetition and accuracy.

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Can you say green jobs? It’s easy; just say, “gōngzuò de” which is Chinese for “green jobs.” and it looks like China will be where those “green jobs” that Obama promised will be.

It seems that back in September 2011, the Obama-appointed heads of General Motors signed an agreement with the Chinese government to effectively move all future electric vehicle (EV) development to China. Primary production of such vehicles will also likely move to China.

America’s Liar-in-Chief, Obama strikes again.

But then almost all of these “green jobs” that Obama has touted and attacked traditional American jobs and practices over have gone to foreigners so GM’s moving their electric powertrain development to China shouldn’t come as a surprise despite Obama giving them a massive handout from the taxpayers’ coffers.

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