Tuesday, December 29, 2009

Cause and Effect

Rasmussen shows that President Obama's approval numbers are almost as bad today as they were good eleven months ago:

Perhaps the following chart at least partially accounts for the disparity:

We were told that the stimulus was necessary to keep joblessness at around 8%, but as the red line shows joblessness is much higher than it was projected to be had there been no stimulus at all. In other words, part of the President's problem is that his policies are exactly the opposite of what are needed to create lasting jobs.

By confronting businesses with looming tax hikes, environmental regulations, and higher employee insurance costs, the President has guaranteed that employers will choose not to risk taking on workers that they'll not be able to afford.

What can the policy makers and shapers in the White House possibly be thinking?

RLC