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January 25 2010

Jobs Bill = Bad News

Nicole Kurokawa Neily

Early rumblings from Washington indicate that the President's State of the Union address this week will focus on the economy, and announce a new plan to get things back on track. Unfortunately, when politicians try to "help," they usually end up making things worse - which is almost certain to be the case.

What's almost certain to be included is a "Stimulus II" program in the guise of a new jobs bill. As the Cato Institute's Dan Mitchell points out in this new video by the Center for Freedom and Prosperity, "giving stimulus a new name is like putting perfume on a hog. You can mask the stench, but it's still there." Check it out here:

At the end of the day, the economy will recover - but by implementing another stimulus bill, the nation will be in an even deeper hole than before (and unnecessarily so!) Dan loves to make this point, but it bears repeating - do we really want to be like France, with long-run stagnation and lower living standards?

Independent Women’s Forum’s mission is to improve the lives of Americans by increasing the number of women who value free markets and personal liberty. Sister organization of Independent Women’s Voice.
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