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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review August 31, 2010 / 21 Elul, 5770

Send out Biden

By Rich Lowry




http://www.JewishWorldReview.com | Joe Biden was an inspired choice as spokesman for the "summer of recovery."

If the Obama administration wanted someone with little credibility to lose, who will say anything without a hint of shame or compunction, whose mouth habitually outruns the facts and common sense, it found its man.

The vice president is still hawking his recovery summer, even as GDP growth slows to a crawl, and he'll still tout the marvels of the stimulus even if we dip into negative territory again later this year. He makes the late, great pitchman Billy Mays look restrained and rhetorically scrupulous by comparison. Biden is joined to the hip to the most disastrous White House shibboleth since President Gerald Ford's "whip inflation now."

In a vaguely Soviet act of governmental exhortation, in 1974 Ford wanted local citizens' groups to "whip inflation now," or WIN. Ford offered a shiny "WIN" button to anyone enlisting "as an Inflation Fighter and Energy Saver for the duration." Six month later, only one local committee had been formed, and even Ford concluded the initiative was "too gimmicky." Inflation remained unwhipped.

What WIN buttons were to Ford, the gewgaws of the stimulus are to Biden. He relentlessly plugs the $5 billion for weatherization as "one of our signature programs," never mentioning, as The Associated Press puts it, that the program "has experienced spending delays, inefficiencies and mismanagement. In Biden's home state of Delaware, the entire program has been suspended since May, and last month federal auditors identified possible fraud."

The inefficiencies of the weatherization program are typical. According to The Washington Post, as of June 30, Detroit had spent less than 1 percent of $8.8 million for energy-efficiency initiatives, Phoenix had spent even less of its $15.2 million, and Fort Lauderdale, Fla., had spent $66,000 of $2 million.

In a favorite administration statistic, the Congressional Budget Office estimates that the stimulus increased the number of people employed by 1.4 million to 3.3 million in the second quarter, a suspiciously wide range redolent of seat-of-the-pants guesswork. All the report proves is that if you adopt a model that assumes that the stimulus created jobs, it created a lot of them. The stimulus excels in this ethereal category of assumed job creation.

If the stimulus provided any initial boost to the economy, it was a sugar high, its effect neither healthy nor enduring. It's been a chilly summer of recovery. According to Macroeconomic Advisers, which estimates growth on a monthly basis, GDP growth declined 0.4 percent in June. Only 61,000 private-sector jobs were created in June and July. Biden must be banking on a hell of an August.

A ruinous shortsightedness is a hallmark of Obama economic policy. In July, sales of new homes dropped to their lowest level since the government started tracking them 40 years ago. The precipitous fall -- down 32.4 percent from a year earlier -- came with the expiration of the new homebuyer's credit. The credit temporarily boosted home sales, but -- like the cash-for-clunkers program and the stimulus (in the best-case scenario) -- at the price of stealing demand from the future. Unfortunately, the future always arrives eventually.

Obama-administration officials with a sense of shame want to keep their hucksterism within reasonable limits. Treasury Secretary Timothy Geithner was reportedly irked that The New York Times gave his op-ed on encouraging economic signs the Biden-esque headline, "Welcome to the Recovery." Geithner was right to point out that recoveries from financial crises are always long, hard slogs. That should have counseled restraint and realistic expectations from the beginning, rather than the administration's counterproductive hyperactivity and self-discrediting overpromising.

Once Barack Obama had settled on a nearly $1 trillion stimulus, though, it was inevitable he had to oversell it to get it through Congress, and once he unleashed that sort of spending, it was inevitable that Congress would create a sprawling mess. Amid the political and economic wreckage, there's only one thing to do: Send out Biden.

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© 2009 King Features Syndicate

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