In a previously referenced article, Senator Barack Obama, addressing a meeting of Democratic Governors, outlined some of his plans for the economy. In reality, it was little more than an insane political prescription for economic stagnation:

Obama said he would work with them on policies that would help, including a plan to spend billions in taxpayer dollars to build roads, bridges and other infrastructure projects that could create jobs and improve transportation routes. Obama asked if they have projects that were ready to go if they had the money, and there were nods and calls of "Absolutely!" around the table.

http://www.breitbart.com/article.php?id=D91DVH680&show_article=1

After reading this can anyone truly believe that Obama or the 16 Democratic governors present are fans of economic liberty. Is this the 1930s or the 21st century. Does Barack Obama truly believe that the path to economic recovery is to levy massive (and historic) tax increases to finance vast public works projects. And exactly who will fill these jobs? And are these the types of jobs that Obama wants to create in modern day America?

Is this how Obama envisions America will be able to compete with the emerging economies of China, India and Eastern Europe? It must be, after all he favors the status quo when it comes to our under-performing, outclassed schools, that produce students who lag far behind the rest of the developed world. And with out world class education, digging ditches and laying pavement is about all the next generation of Americans will be qualified to do. Already American companies are forced to import an ever growing number of engineers and scientist to fill their employment needs

Its a tired saying when one argues that the left favor nothing but "tax and spend" policies but it sadly continues to ring true. So much for the "New Democratic Party" of the Clinton era. Obama's planned re-birth of the WPA is no recipe for America's long term economic vitality (further highlighting his economic ignorance).

What this country needs, first and foremost is an energy plan that will reduce our dependence on foreign oil, thereby reducing inflationary pressures, something the left (and the right) have failed to enact in the nearly 40 years since the first oil shock. Secondly we need a climate that encourages economic growth and entrepreneurship. Unfortunately, Mr. Obama and his leftist friends favor a punitive tax structure that punishes success and rewards idolatry while simultaneously re-invigorating the modern American welfare state. Does anyone actually believe the farce of a "windfall profits tax" will lead to lower costs for the American consumer, to say nothing of job growth?