Concerning the 2,074-page health care bill that was just released by the Senate, Sen. Kay Hagan commented that people will have a way to obtain insurance if they lose their job. Aside from the bill being a regulatory nightmare that would be impossible to enforce and would tax the American people and businesses beyond belief in an already depressed economy, Hagan's comment sheds light on the most crucial problem at this time, and that is jobs, or the lack thereof.
The current administration and the Congress assured us that the $787 billion stimulus package was absolutely necessary to keep unemployment down. Here it is seven months later, and unemployment is currently at 10.2 percent and continues to climb.
John F. Kennedy, Ronald Reagan and Bill Clinton all were very successful in growing the economy and creating jobs by providing businesses with significant tax incentives and encouraging investment in companies by lowering capital gains taxes. What does Hagan propose to reduce unemployment? It seems that getting people back to work would solve a whole host of problems, including providing a means for some people to obtain health insurance.
