Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts

Friday, October 8, 2010

KY-3 Voters are Scared

Senior citizens in Kentucky's 3rd Congressional District are scared, but not about some hypothetical Medicare deductible that will never, ever apply to current recipients.

If all politics are local, then nothing is more local that what happens to our homes and to those of us neighbors. Louisvillians are scared about their homes being robbed during broad daylight. The common law definition of burglary specifies that the criminal break into and enter the home at night time. This current rash of break-ins, however, occurs between 10:00 a.m. and 1:00 p.m. It is this brazenness that has put people on edge.

It was inevitable, really. Our unemployment has hovered around ten percent for two years now. That figure does not begin to count the people who would like to return to work, people who have given up looking and certain races and ages for whom the rate is actually much higher.

Recessions cause crime to increase. Those of us old enough to have lived through previous recessions know this. Here's what is different: the Obama recession -- though we are told it ended in the Recovery Summer -- shows no sign of abating, even after two long years.

Those voters who have jobs are scared that they will lose them. Voters who own a home worry that its value has dropped so far that they could not sell the house if that becomes necessary. People are afraid to spend because they don't know, for example, if their taxes will go up 20 percent on December 31 when the Bush tax cuts expire.

And now those homes -- for many, their largest asset -- no longer feel safe even during the day due to the rising number of thefts. Increasingly desperate people are taking increasingly desperate risks, attempting more audacious crimes.

Here's an example from Louisville's East End. Last week, a senior citizen was out walking when she noticed an unfamiliar, dilapidated car with its trunk open, backed up to a neighbor's garage. This neighborhood had experienced a half dozen daytime break-ins recently, so she called the woman of the house on her cell to see if they were having work done on the home. They were not. The man of the house -- also a senior citizen -- then raced home. The criminal abandoned the pile of goods he was about to steal and took off. The home owner tried to chase the car. It got away, but police now have the license number.

The bad news is that this foiled crime was unnconnected to the previous thefts in the neighborhood. This is no longer a situation of one brazen robber, but rather a pattern of conduct that is being repeated all over the East End, and perhaps all over the 3rd Congressional District.

John Yarmuth did not cause the break-ins, of course. But he has voted for a system of policies that have prolonged and exacerbated this recession. People are desperate -- so much so, that they take the extraordinary risk of robbing homes in neighborhoods and at times of day when senior citizens are walking their dogs and young mothers are pushing their babies in strollers.

The policies of Yarmuth, Reid, Pelosi and Obama have contributed to a lawlessness that has boiled over into neighborhoods unused to such conduct.

It should be noted that the elderly woman who spotted the break-in while out walking -- she has put a big Todd Lally sign in her yard.

And that house where the robbery was foiled -- there is now a "Repeal Yarmuth" sign in the yard. That senior citizen who chased the robber is backing Todd Lally.

Nothing energizes a voter like fear caused by failed government policies passed by clueless elites.




Monday, November 9, 2009

NYT: We Need More Stimulus

In the world of the New York Times, down is up and up is down. How else to explain the Paper of Record's editorial today, urging the government to pass yet more stimulus -- because the last trillion worked out so well for the poor slobs formerly known as its subscribers.

The Times opines, "government spending, as large and as necessary as it has been, has not been enough to revive hiring." To the contrary, the more the Obama administration spends, the worse unemployment gets.

Friday, November 6, 2009

Yeah, About Those Jobs

President Barack Obama warned that unless he got his way -- unless Congress appropriated billions upon billions of dollars in new government spending, unemployment would reach double digits: “If We Don’t Act Swiftly And Boldly, We Could See A Much Deeper Economic Downturn That Could Lead To Double Digit Unemployment," Obama said last January 3, 2009

One month later, he repeated his warning: “[I]f We Don't Act Immediately, Then Millions More Jobs Will Disappear; The National Unemployment Rates Will Approach Double Digits."

Congress caved and gave Obama the vast sums he said he needed to stave off double-digit unemployment.

Bottom line: the Obama plan did not work. Unemployment has now broken the 10 percent mark for the first time in more than two decades.

Senate Republican Leader Mitch McConnell called the Obama plan a failure: “I know the administration shares our goals of job creation and economic growth. But more debt, more spending, higher taxes and growing the size of government clearly has not worked—particularly in a time of double-digit unemployment.”