Sherrod Brown, the unrepentant leftist Senator from Ohio, must be very happy this weekend now that the new unemployment numbers are public. They show the lowest labor participation rate in 31 years and an unemployment rate that stubbornly refuses to drop below 8%.
This must make Brown ecstatic, since he views unemployment as a good thing. Here’s how Brown detailed his understanding of economics in 2010:
There is no real history illustrating that these tax cuts for the rich result in jobs. It’s extending unemployment benefits that creates economic activity that creates jobs.
So unemployment helps create a better economy? For whom, one might ask? The answer is: nobody.
If Brown insists he is right about tax cuts being a bad idea, may we enlighten him with some words from the most famous president in the 20th century?
Our true choice is not between tax reduction, on the one hand, and the avoidance of large Federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget just as it will never produce enough jobs or enough profits.
Sherrod doesn’t know who said such a dastardly thing?
John F. Kennedy.
For those Ohioans old enough to remember, it might be wise to remind them that JFK, who was no fool with regard to fiscal matters, would have thought Sherrod Brown was no friend of the working man.