More of the same is not what we need

September 10, 2010

The following is a statement from Nan Hayworth on the unveiling of President Obama’s new $50 billion stimulus package.

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Wrong direction, Mr. President!

September 10, 2010

 
“Remain calm!  All is well!”

When Chip Diller was famously trampled by the mob at the parade in the movie Animal House, he was yelling desperately in hopes of saving a Homecoming parade.  And that was funny.  But when the people supporting our Administration and Congress’s failed fiscal policy continually flail about in denial very much like Chip, as we’ve discussed on my Facebook page, it’s not funny anymore.

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Bad medicine

August 20, 2010

 
In December, 1799, President George Washington contracted a severe throat infection.  His doctors–distinguished experts all–treated him with calomel, to induce vomiting, and bloodletting.  When their patient’s condition deteriorated, they treated even more vigorously, giving more calomel and taking more blood in the hopes that this time they’d succeed.

George Washington died of dehydration, blood loss, and choking from the uncontrolled infection.  His very well-meaning physicians had actually hastened his death.

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For another 75 years and beyond

August 14, 2010

 
Statement by Nan Hayworth on the 75th Anniversary of Social Security

Social Security represents the aspiration within the American character to do right by our neighbors and our fellow citizens.  When Social Security was signed into law 75 years ago, our government was prepared to finance the program responsibly.  Much has changed during the intervening decades to create an ever greater role for Social Security, and that in turn demands that we anticipate future needs so that we can continue this program that is critically important for tens of millions of Americans.

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Want to help, Mr. President? Back off!

August 12, 2010

 
Back in June we blogged about the Business Roundtable’s withering assessment of President Obama’s approach toward American businesses.  Things haven’t improved.
 
To the contrary:  resistance to the President’s economic agenda has been spreading throughout the business community, affecting even groups and leaders who supported both Candidate and President Obama.  Runaway “stimulus” spending with no discernible results, a new health care bureaucracy that’s already adding to costs, and credit that’s harder to come by now due to financial “reform” have finally taken a toll on employers’ faith in the President.  Now that he needs their support to buck up his economic cred ahead of the midterms, they’re balking.

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First, stop digging…

August 9, 2010

 
The American people are in the midst of learning a painful economic lesson:  federal spending doesn’t create jobs. The latest evidence came from the Department of Labor, which released its monthly jobs report last week.  The outlook is bleaker than experts in and out of government expected, and the government’s meddling isn’t helping.

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Social Security: An IOU is not a cookie

August 6, 2010

 
Imagine you go into your pantry to count boxes of cookies, because you really like cookies and you want to make sure you have enough.  But some mischievous member of your family has eaten the cookies and put the empty boxes back on the shelf.  You count the boxes thinking they’re full, but when you go to open one, it just has a note inside promising to pay you back. 

Social Security has a looming empty-box problem.  Such is the sadly unsurprising conclusion of the annual report on Social Security, released on Thursday by the Social Security Board of Trustees.

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