By David Galland, Casey Research
US politicians make a great show of concerning themselves with the level of unemployment. And so they bluster about the need for this new program or that new program – in fact, about any new idea except for the one that will actually be effective. Namely, stop the meddling.
Recently there have been some interesting developments that merely confirm the government’s intentions are to continue doing exactly the opposite of what they should be doing.
For starters, we had the news that President Obama announced his administration was going to block the Keystone XL pipeline, blaming the decision on the Republicans and foisting responsibility for the call onto the back of Hillary Clinton’s State Department.
The story has received quite a bit of coverage, so I won’t repeat it here. However, I will mention a Reuters column by John Kemp, titled Keystone symbolizes what is wrong with US policy. As he points out, the initial permit application for Keystone XL was filed in 2008 – and yet here we are, going on four years later, and the president is complaining about the “rushed and arbitrary deadline” imposed by the Republicans as part of the latest round of budget theatrics.
The actual fact of the matter is that the United States is becoming increasingly unfriendly toward businesses that actually produce anything tangible, despite our politicians constantly carping about the evil capitalists sending American jobs overseas. [Read more…] about About Those US Jobs