How to ensure permanent 8-9% unemployment...

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Atlas Still Shrugging . . . By Victor Davis Hanson July 6, 2012 11:45 A.M.

If one wanted to ensure permanent 8 percent to 9 percent unemployment, one might try the following:

1. Run up serial $1 trillion deficits

2. Add $5 trillion to the national debt in three and a half years

3. Impose a 2,400-page, trillion-dollar new federal takeover of health care, with layers of new taxation, much of it falling on the middle class and employers, even as favored concerns are given mass exemptions.

4. Scare employers with constant us/them class warfare rhetoric about a demonized one-percenter class and its undeserved profits; constantly talk about raising new taxes and imposing regulations, ensuring uncertainty and convincing employers of unpredictability in regulation and taxes. You cannot convince a country to go into permanent near-recession, but President Obama is doing his best to try.

5. Appoint a bipartisan committee to study the fiscal crisis and then neglect all its recommendations.

6. Subsidize failed green companies, while denigrating successful gas and oil concerns, as well as putting rich oil-and-gas federal leases off limits.

7. Vastly increase unemployment insurance, disability, and food-stamp constituencies, while promising all sorts of mortgage, credit-card, and student-loan bailouts.

8. Borrow hundreds of billions for stimulus programs that are not shovel ready, but are rather aimed to bail out state budgets, pensions, and unions.

9. Federalize elements of non-profitable private companies, while threatening to shut down profitable plants for supposed union or environmental incorrect behavior.

10. Do not address changing the above policies, but rather blame others for such self-induced stagnation.