Posts Tagged ‘Economy’

October 2009: Fuzzy stimulus math, mixed signals on free speech, Hannity’s sad double standard, and other observations

November 2, 2009

A tip of a Yankees cap to the late, great New York newspaper columnist Jimmy Cannon for borrowing his signature phrase: nobody asked me, but…

THE WHITE HOUSE ANNOUNCED THAT FEDERAL STIMULUS SPENDING HAS “SAVED OR CREATED” 640,329 JOBS SO FAR. Not 640,328 or 640,330, but 640,329. Of course this is nonsense—there’s no precise way to accurately calculate any job creation or job savings impact and the Obama Administration opens itself up to mockery for its fuzzy math.

The problem for President Obama is managing perceptions: after passage of a $787 billion spending bill the Administration claimed would keep national unemployment at 8 percent, the reality has been jobless figures in the 10 percent range and fears of a jobless recovery or a “W” shaped recession, despite GDP growth of 3.5 percent in the third quarter of 2009.

Has economic stimulus spending worked? The impact of cash-for-clunkers, first-time home buyer tax credits, and other cash injections into the economy clearly impacted the third quarter growth numbers. As to the other stimulus spending: a focus on propping up education and public sector employment, rather than heavy investments in infrastructure projects, may prove misguided in the long-term. If unemployment remains in the 10 percent range, voters will punish Congressional Democrats in the 2010 elections.

THE OBAMA ADMINISTRATION IS SENDING MIXED SIGNALS ON FREE SPEECH ISSUES. In early October, the U.S. delegation to the U.N. Human Rights Council decided to “support Egypt in recognizing limits on free speech for those who insult or denigrate religion,” a move law professor Jonathan Turley and other free speech advocates denounced as ill-advised pandering to Muslim nations. Near the end of the month, however, Secretary of State Hillary Clinton signaled that the U.S. will resist a push for an international convention barring “religious antidefamation.

Are members of the Obama team too comfortable with international legal standards that suppress free expression? Stuart Taylor Jr. of the National Journal Magazine warns that the U.N. resolution concession is representative of an administration “seeded with left-liberal thinkers who have smiled on efforts to punish speech that is offensive to favored racial and religious groups.”

IF SEAN HANNITY OF FOX WANTS TO PROVIDE FAR RIGHT AUTHOR JEROME CORSI with a platform on his cable show, he owes it to his audience to disclose Corsi’s extremist views. Corsi, who turned up on Hannity’s Oct. 13 show to promote his latest book, is a Birther and a Truther—that is, Corsi questions whether President Obama was actually born in Hawaii and consequently his eligibility to hold high office, and he has supported the “9/11 Truth Movement” in claiming that jetliners did not bring down the World Trade Center towers.

Hannity’s double standard is troubling: he challenges those on the left who voice 9/11 conspiracy theories (Sean Penn, Rosie O’Donnell, Mark Cuban) but remains silent when right-wingers like Corsi express similarly noxious views.

IS RUSSIAN PRESIDENT DMITRY MEDVEDEV’S REJECTION OF THE CULT OF STALIN A SINCERE DISTANCING FROM “PUTINISM”? On October 30, the day of remembrance of victims of political repression in Russia, Medvedev “called on Russians to remember the political terror under Soviet leader Josef Stalin, distancing himself from the historical ambivalence of his mentor, Prime Minister Vladimir Putin,” according to Lucian Kim of Bloomberg News.

Will Medvedev’s comments make a difference? The recent arrest of Mikhail Suprun, a Russian historian researching the fate of Germans sent into Stalin’s Gulag during World War II, and the seizure of his personal archives, raises questions about the openness of Russian authorities to confronting the past.

FROM JAY LENO’S ROUTINE (Oct. 26): “Former Vice President Dick Cheney accused the White House of “dithering” over the strategy in Afghanistan. Today the White House said they’re thinking it over, and they should have a response within six to eight weeks.”

THIS MONTH’S WORDS OF WISDOM COME FROM THE BIBLICAL KING SOLOMON (Proverbs 29:23): “A man’s pride shall bring him low: but honor shall uphold the humble in spirit.”

Copyright © 2009 Jefferson Flanders
All rights reserved

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