Man Holding Need Work Sign

By almost every economic indicator, the American economy is surging out of the shutdown.  Almost every indicator.

In the recent jobs report, we saw that far fewer jobs were created than anticipated by all the smarty pants on President Biden’s economic team.  The unemployment numbers actually increased.  How can this happen when there is so much pent-up demand?

How can this happen when soooo many businesses are looking for workers to fill the jobs.  Restaurants and retail establishments cannot meet their customer demands because they do not have – and cannot find – the workers.

Some say the upward tick in unemployment is due to a LOT of folks preferring to live off the increased unemployment benefits until they run out in September – assuming the progressives in Congress do not extend them further.  Even a lot of Democrats, who pushed for all those generous unemployment benefits, now have the chutzpah to blame those very benefits as one of the major problems.  In a back-handed sort of way, they are now admitting the Republicans were correct when they warned of this outcome.  The proverbial chickens have come to roost.

But Democrats have a solution to the problem.  Uncle Sam should shovel more money into a potentially overheated economy.  Of course, you can rest assured that no matter what the problem, Democrats will want to solve it by putting more money into the economy – money they get by increasing taxes, borrow money from foreign governments or just printing more paper money.  And all those methods lead to very bad outcomes for the American people.

Democrat leaders – and especially all those on the left, which means every one of them with the possible exception of Senator Joe Manchin – seem clueless to the serious negative impacts of their longstanding policy of spend, spend, spend, and …  They even propose more spending to solve problems that were initially caused by their excessive spending.

But there is purpose in their madness.  Money means control.  They see we the people as that pet canine that repeatedly jumps on command to snatch a bit of dog treat from the hand of the master – and maybe that is what we are becoming.  Or even worse … maybe Democrats have discovered that is what we always were.

During the height of the Covid-19 Pandemic, the federal government increased the level of unemployment benefits by $300.  Even if a person can make more money going to work, many will temporarily take less because … well … they do not have to go to work.  It is more like a prolonged paid vacation.

Once again, when it comes to economic policies, the Republicans in Congress have been the adults in the room.  They understand that there are limits to how much Uncle Sam can tax and spend without doing serious damage to the economic welfare of all the people.

And just to make it clear.  This commentary is not opposing unemployment compensation as a temporary bridge – just excessive unemployment compensation.  Economic growth depends on people working – the more the better.  Subsidizing not working is economic lunacy.

So, there ‘tis.

By Larry Horist

So, there ‘tis… The opinions, perspectives and analyses of Larry Horist Larry Horist is a businessman, conservative writer and political strategist with an extensive background in economics and public policy. Clients of his consulting firm have included such conservative icons as Steve Forbes and Milton Friedman. He has served as a consultant to the Nixon White House and travelled the country as a spokesman for President Reagan’s economic reforms. He has testified as an expert witness before numerous legislative bodies, including the U. S. Congress. Horist has lectured and taught courses at numerous colleges and universities, including Harvard, Northwestern, DePaul universities, Hope College and his alma mater, Knox College. He has been a guest on hundreds of public affairs talk shows, and hosted his own program, “Chicago In Sight,” on WIND radio. Horist was a one-time candidate for mayor of Chicago and served as Executive Director of the City Club of Chicago, where he led a successful two-year campaign to save the historic Chicago Theatre from the wrecking ball. An award-winning debater, his insightful and sometimes controversial commentaries appear frequently on the editorial pages of newspapers across the nation. He is praised by readers for his style, substance and sense of humor. According to one reader, Horist is the “new Charles Krauthammer.” He is actively semi-retired in Boca Raton, Florida where he devotes his time to writing. So, there ‘tis is Horist’s signature sign off.

44 thoughts on “Republicans Were Right About Unemployment”
  1. Seems the Democrats either don’t have a very good memory or perhaps they just don’t care. This sort of economic foolishness inevitably leads to uncontrollable inflation. Perhaps the memory of the Carter administration and it’s literal destruction of the US economy has faded or more than likely the control over every aspect of our lives is just too much of a temptation for the elitists that feel they know better than you and I. Worse yet is the citizens of our country have forgotten the cost of freedoms and preservation of our individual rights. When we choose to accept handouts rather than earn our own way we always without exception lose a little more of those freedoms. It’s akin to asking your parents for money while knowing it’s an invitation to interfere in how we choose to live. Common sense tells us if we accept that money our parents will automatically want a say in how we spend it. There’s a vast difference between our parents and the government. The government doesn’t have a soul or a conscience. They are not concerned with what we want or our happiness. I use the example of welfare recipients and how the government determines so many aspects of the recipients lives. We hear about mandatory drug tests for those on welfare. We already know one can not qualify if a working age male is in the home. And in the end since it’s our money we tend to agree with restrictions on welfare recipients because it’s what’s right. So I have always contended that giving away your freedoms for some handout or guarantee is a massive mistake in that you are unlikely to ever get them back. All we have to do is read a history book to unlikely how difficult and almost impossible it is to gain these freedoms. Many have fought and died to obtain and maintain these freedoms yet once again we see the very short memories Americans have today. Thus I’d in part due to the school system not only not teaching our history but rewriting our history relegating our forefathers into a box of hatred and racism. Throwing the baby out with bathwater. While it is true that some of our past is shameful that doesn’t mean everything done in the past was wrong. I’m fact when we take the time read and understand how and why this country was created and fought for we begin to see what we are blessed with. When so many liberal teachers and professors have nothing but nasty things to say about our founders how can any child grow up to love their country and value its freedoms? When all is said and done common sense will prevail. Unfortunately every time we go down this path of irresponsible unchecked spending there is a price to pay. I truly believe we have yet to feel the true economic impact of covid and the lefts ridiculous spending is only going to compound the problem. Inflation has already begun and as memory serves we are in for at least a decade of real hurt. After Carter and his massive failure it took nearly a decade for us to recover. Since we’re not even finished with adding to the problem we are a long way from fixing it. Maybe some very lean times is exactly what our country needs. Perhaps then lessons long forgotten will be re-learned.

  2. Everyone knew with extra money no one would want to back to work. Does democrats and Joe think we are so dum we cant figure out why they did what they did, we are not stupid (They just think we are) This was their plan all along.(destroying America and jobs and our life s ) You are the dummies who voted for him. To bad we all have to suffer

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