![](\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/get-1.jpg\"\/)
Anyway, this thing goes on to say that quoting Douglas Holtz-Eakin, a former director of the Congressional Budget Office: “Neither side can make a definitive case that they really know what they\u2019re doing.” So the newest spin is that either side has an answer here. Of course, this is patently absurd. “Other than letting time take its course, Washington lacks a clear answer on how to create permanent new jobs on a national scale”? How about stop trying? How about get… I\u2019m gonna have to watch myself. I am on the brink here. I almost said the F-bomb. I know we\u2019ve got a 40-second delay and I almost said it anyway, just to get it out of my system. “Just get the hell out of everybody\u2019s way!” There\u2019s a story in here. Another CEO has come out and basically said the same thing, a series of CEOs: “Just stop this! Washington, just get out of the way. Stop doing all of this.”<\/p>\n
Here it is. It\u2019s on CNBC. “President Obama\u2019s highly-anticipated jobs package will be unveiled Thursday in front of Congress. Ahead of the economic speech, an NBC\/Wall Street Journal poll,” we talked about that, the pollsters are very concerned. “John Schiller, chairman, CEO of Energy XXI, said, if the government would just get out of the way from a regulation standpoint and let us do what we do, you\u2019ll see us continue to hire and grow the economy, and that\u2019s a message from across the board. … John Faraci, CEO of International Paper, told CNBC to create jobs the economy needs demand. The economy is 70% consumer demand. We need consumers spending some of their discretionary income. We need less regulation, less taxation, we need the government to just get out of the way.'”<\/p>\n
Everybody on the right has a good jobs plan!<\/p>\n
BREAK TRANSCRIPT<\/p>\n
RUSH: No, it really is frustrating, and I\u2019m doing my best here. I\u2019m actually working hard at having fun, and that\u2019s not how it ought to be. “Neither side can make a definitive case that they really know what they\u2019re doing,” said this former director of the CEO, Douglas Holtz-Eakin. That\u2019s patently absurd! There\u2019s history. There\u2019s over 230 years of history in this country, the economic cycle. We know what\u2019s happened when job growth has taken place. We know what caused it. Why are we blind to history? What in the world is so unique about now, other than for the first time we\u2019ve got somebody actively trying to destroy the private sector job creation that has always defined this country\u2019s greatness? Well, if we know that, then we also know what to do, and that is defeat this guy.<\/p>\n
But this story gets even worse. Holtz-Eakin says — and I\u2019m not going after him; don\u2019t misunderstand. I\u2019m going after the whole Washington mind-set, that if they can\u2019t come up with something, then there is nothing to do, which represents the whole problem. The world does not revolve around Washington. This country does not revolve around Washington. Washington is nothing but a gigantic boulder in our highway to progress. I\u2019m not saying this in a reactionary way. I\u2019m not saying it even in an ideological way. This is pure, unadulterated fact! You simply cannot have this level of regulation on people who want to create jobs, who want to grow businesses. You just can\u2019t have this kind of shackle around them and expect magic to happen.<\/p>\n
You also cannot expect, after you\u2019ve spent $800 billion ostensibly to create jobs — when none of it went to create jobs, it all went to Democrat union workers — for $300 billion more to create jobs magically! This is all insultingly absurd. “Holtz-Eakin said that while different theories abound, economists have yet to satisfactorily explain business cycles…” Who the hell are we talking about? Economists? Are these the ones that are always surprised at every bit of economic news every week, from the unemployment numbers to the economic growth rates? Who the hell are these economists? Who do they think they are? “Economists have yet to satisfactorily explain business cycles”? How many times have we heard Clintons and these other guys say, “The business cycle? We\u2019ve defeated it. There aren\u2019t any more”?<\/p>\n
Wrong. We\u2019re in the middle of a down cycle. We have them, all of them. We have recovery all the time except now. Why? The answers are clear. Holtz-Eakin: “It\u2019s complicated by the fact that we don\u2019t live in a textbook world and that, in fact, the government\u2019s capacity to do stuff is not infinitely wide.” Government has nothing to do with it proactively. All government can do is destroy or redistribute wealth. It cannot, by definition, create it. “Obama favors a mix of new short-term deficit spending on tax breaks …” Well, right there we\u2019re defeated. The idea the American people citizen keeping more of what he earns equals more government spending?<\/p>\n
I don\u2019t care, folks, whose idea that is. We are doomed to failure if that is the thinking, because it\u2019s gonna lead to budget creation that\u2019s going to be ineffective — and, furthermore, even more destructive. “Obama favors a mix of new short-term deficit spending on tax breaks and jobs programs, including ones for roads, bridges and other infrastructure…” How stupid do they think we are? What was the first $787 billion for, we were told, anyway. Roads, bridges, schools! How many times are they gonna go back to the same excuses or the same reasons, the same objectives? Do they think we don\u2019t remember anything over three months? We\u2019ve gotta somehow spend on “roads, bridges, and infrastructure to keep the economy from falling back into recession”? It never got out of recession! We\u2019re at 1% growth, and that\u2019s only happening in the government.<\/p>\n
There\u2019s no private sector growth — and when government growth accounts for economic growth, there is no growth that benefits people in the private sector, pure and simple. “The need for infrastructure jobs is one of the few areas where there\u2019s anything approaching consensus. The concept has won the support not only of Obama, but such rival groups as the US Chamber of Commerce and the AFL-CIO. The differences come in how to pay for it.” (sigh) I could go on. Remember, the whole point of this story is that nobody has an answer anymore, neither side has answers. Neither side has answers. Why can\u2019t you go back…? If you\u2019re serious, if you\u2019re in Washington and you\u2019re serious about creating jobs, why can\u2019t you go back and look at American history and find when we were in great periods of expansion, what was responsible for it and be honest about it?<\/p>\n
Ah, we know the answer to that. That kind of growth is impossible when Democrats run the show. It\u2019s just not possible, and they don\u2019t want that kind of growth when they run the show because it would render them irrelevant, and everybody would see it. But all this is just insulting, flat-out insulting — and I, frankly, don\u2019t blame the Republicans for not bothering to give a response to this sham of a speech tomorrow night, which isn\u2019t even gonna contain the whole plan. The White House is admitting now that all they\u2019re looking for is ratings. Jobs are crucial, yet it could wait for the end of Obama\u2019s vacation?<\/p>\n","protected":false},"excerpt":{"rendered":"
RUSH: Here we go. This is State-Controlled AP: “America\u2019s sickly economy can be healed with jobs, jobs and more jobs. On that, everyone agrees. Figuring out how to produce them is what is stumping everyone,” says AP. “Other than letting time take its course, Washington lacks a clear answer on how to create permanent new […]<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-18119","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\n