John Boehner: 'Job Creators Are Essentially On Strike'
Definitions are important to the context of this segment of John Boehner's economy speech Thursday, so here they are: Job Creators = Corporate interests. If you were to take the member list for the U.S. Chamber of Commerce, top Republican
Now that the nomenclature is defined, I think it's safe to say that John Boehner just admitted that corporate interests, in collusion with the Republican party, are intentionally sabotaging the United States economy in order to gain even more political power and strip everyone else of theirs.
For some context, here's a snippet from the transcript:
"They've been undercut by a government that favors crony capitalism and businesses deemed 'too big to fail,' over the small banks and small businesses that make our economy go.
"They've been antagonized by a government that favors bureaucrats over market-based solutions.
"They've been demoralized by a government that causes despair when we need it to provide reassurance and inspire confidence.
"My worry is that even after all of this, much of the talk in Washington right now is basically about more of the same. More initiatives that seem to have more to do with the next election than the next generation. . .initiatives that seem to be more about micromanaging economic decisions than liberating them.
"I think the American people are worried about this too.
"I can tell you the American people -- private-sector job creators in particular --- are rattled by what they've seen out of this town over the last few years.
"My worry is that for American job creators, all the uncertainty is turning to fear that this toxic environment for job creation is a permanent state.
"Job creators in America are essentially on strike.
Isn't it bizarre to have Boehner equate "the American people" with "private-sector job creators"?
The job creators are the people who spend money on products and services offered by those private-sector businesses. If the people have no money, they won't be spending any. This is Economics 101. It's incredibly cynical, but not surprising, for John Boehner to endorse the concept of a strike provided that the outcome is even more power consolidated in the hands of a few.
Perhaps he should have simply said "Oligarchy!" and walked off stage. It would have been more honest.