Fitting in well with my persistent theme that we’re living “Atlas Shrugged” and that things must get worse for the voters before they get better – because it will take things getting worse for voters to rebel against The One, Pelosi, Frank, Dodd, Schumer, etc – is today’s news that unemployment is now over 10% in fifteen states plus the District of Columbia:
Alabama, California, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Nevada, North Carolina, Ohio, Oregon, Rhode Island, South Carolina, Tennessee, Washington, DC.
A few of these states are very important politically, particularly Ohio, Florida, and Indiana – all places where Democratic congressmen (and to a lesser degree Senators) could be very vulnerable in 2010.
As unemployment rises, it will become increasingly difficult for Democrats to justify voting for job-killing measures such as “cap and trade", health care “reform", and the Administration’s soon-to-come proposals for modifying the tax code, particularly as the changes relate to corporate income tax.
This news increases the chances that Democrats, even those generally considered to the left of “Blue Dogs” will oppose ObamaCare and that Senate Democrats will be very hesitant to bring cap-and-tax to a vote.
While I don’t enjoy news of millions of Americans being out of work, I take solace in two thoughts: First, people get the government they deserve. It’s just too bad that those people who were smart enough not to be hypnotized by Barack Obama have to suffer along with the majority who were. And second, I’d rather the nation have some bad tasting medicine now than die of the disease of Democratic economic and regulatory policies later. We are indeed living “Atlas Shrugged".