How Obama Can Save 120,000 Jobs Without Spending Money!

By John W. Lillpop

Thursday is a HUGE day in America. That is because the New Orleans Saints take on the Green Bay Packers at Lambeau Field.

Are you ready for some football, America?

Oh, and before the start of the football game, President Obama is going to waste valuable television time trying to convince Congress and the American people that he has some magical formula for creating jobs.

My question to the president: If you have any workable ideas for fixing the wretched economy (which you made all the worse) why in Hades have you waited nearly three years to speak up?

After all, in 2009 and 2010, you owned both chambers of Congress and could have passed damn near anything.

Why in the world did you waste close to a trillion dollars on the so-called ‘stimulus’ failure if you had a better plan in your mind?

Of course, the truth is that Obama will serve up 535 plates of rehashed peas that will call for MORE spending, but NOT stimulus, that will raise the deficit even more!

He will promise to reimburse treasury once the economy is ‘jump started,’ a story not unlike that told by an alcoholic uncle who promised to swear off the sauce forever if we could just lend him a $1,000. to get back on his wobbly feet.

Forget it—its called enabling and the last thing ding bat, addicted-to-spending Democrats need is another $300 billion to waste!

There is, however, a way in which Obama can show leadership in righting America’s financial ship.

Specifically, the U.S. Postal Service is about to go belly up, and may default on a $5.5 billion dollar obligation to employee pension funds. Things are so bad that the USPS is talking about laying off 120,000 people!

While a part of the USPS problem is the loss of business to the Internet, the major problem is employee costs as set forth in labor agreements with labor unions.

Those agreements are simply unsustainable in the current environment. USPS management needs to be able to renegotiate with the unions to reflect the new reality.

The devastating impact of outrageous labor costs also drove Ford Motors to announce construction of a billion dollar plant—in India!

And so it is all across America: Outlandish pensions and labor costs negotiated by labor unions are bankrupting government municipalities and private business alike, forcing hundreds of thousands of Americans out of work.

If President Obama really wants to tackle unemployment and the economy in a serious way, he should propose sweeping reform of labor agreements to conform to the current reality.

Forget about more taxes and spending, Mr. President! Our nation is being crippled by greedy labor leaders who are not interested in “spreading the wealth” to other Americans.

Reform labor agreements NOW, freeze all new regulations, cut taxes across the board, and just get government out of the way!

That is the way to cut unemployment and rebuild America’s economy.