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Electionomics
Business & Media Institute
Recovery Prompts New York Times To Argue For
Unemployment Stimulus In an
amazing and revealing editorial entitled: “Chatter in the Cave of
the Winds” published November 12 the New York Times argues
that Republican efforts to gain political justice for President
Bush’s judicial appointees come at the expense of the unemployed.
Rather than waste time defending the US Constitution:
“Serious help is needed for the 2.4 million…jobless facing the end
of their state benefits,” says the Times, “not to mention the
2.1 million long-term unemployed who have slipped off the
job-hunting scope. The promising uptick in the deep hiring slump —
126,000 new jobs in October — is less than half the rate needed to
even begin to dent the backup of joblessness. To deal realistically
with the problem, Congress needs to double — to 26 weeks from 13
weeks — the federal emergency benefits that are available when state
benefits run out. This would be similar to the help offered during
the recession of a decade ago when long-term joblessness, especially
in manufacturing, was hardly the problem it is now.” So says the
Times. And so, rather than defend the Constitution, Republicans
need to, well, spend more money to prolong unemployment.
Let’s, for fun, parse the Times’ words; first, “Serious help
is needed for the 2.4 million more recent jobless facing the end of
their state benefits, not to mention the 2.1 million long-term
unemployed who have slipped off the job-hunting scope.” By “serious
help” the Times does not mean anything that might directly
lead to jobs, only more welfare: “…Congress needs to double…federal
emergency benefits” that kick in only after the jobless have been
out of work long enough to exhaust 26 weeks of state unemployment
payments. Currently, federal “emergency” benefits are in place to
allow these individuals to remain out of work for an additional 13
weeks. The Times wants to ensure that unemployment checks are
available for an entire year. As for the
contention that the 126,000 net gain in non farm employment “is less
than half the rate needed…to begin to dent the backup of
joblessness,” well, the only word is balderdash. Ignorance runs
rampant at the Times. David Leonhardt wrote on November 7
following announcement of the October numbers: “…the recent job
gains remain modest by many measures. They are not large enough to
keep up with the growth of the labor force over the long term….” How
to explain, other than ignorance, that reporters and editors at the
Times can miss the fact that the 126,000 number represented a
net gain in employment, and since the unemployment rate also
declined, “new jobs” exceeded the growth of the labor force—at least
that month—according to the US Department of Labor’s Bureau of Labor
Statistics which tracks such things. But
let’s give the Times and its personnel the benefit of the
doubt and presume that they actually believe that lagging job growth
is a serious problem. What do they recommend? An increase in the
level and duration of public assistance to those without jobs, paid
for, presumably by rolling back President Bush’s tax cuts, and, if
necessary, raising taxes further to allow people to survive for a
full year without working. The Times has no problem with ever
more individuals becoming permanent wards of the federal government
if they choose—recall, after all, the Times’ rabid opposition to
welfare reform in the 1990s. Thus the
Times is now officially on record as favoring unemployment, and
arguing that taxpayers must step up to the plate and help prolong
it: “After the tax-cutting binges President Bush and Congress
engineered for the affluent, failure to renew the nation's helping
hand to the jobless would present a scandalous holiday scenario
worthy of Dickens.” An apt choice of words given the Times
penchant for 19th Century economic and social poultices.
Quite a contrast in philosophy; the Times and the Democrats
prefer policies that would addict the unemployed to the government
dole. The Times sees “long term joblessness” as a fact of
life, sort of like gravity, and a fertile market niche for the
Entitlement Division of US Government, Inc. President Bush and the
Republicans in Congress felt they were extending a helping hand by
cutting taxes to stimulate economic activity—encouraging the private
sector to create new jobs. And when the evidence is in to the tune
of a total increase of nearly 300,000 non farm jobs in August,
September and October, the Times feels more welfare is our
only hope. |