SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Today’s quotable

Friday, Jul 25, 2014

* Wordslinger

Here’s what I’ve come to believe: politicians claim so much credit for the good times, some people believe it. So when the bad times come, people blame them for that.

The poster boy is Daley. He was given an enormous amount of credit, locally and nationally, for economic growth that he had nothing to do with.

Meanwhile, he neglected or screwed up some of his core responsibilities, including fiscal stewardship.

Illinois was booming during most of Blago’s one-and-a-half terms. Does anyone believe that he had anything to do with it? The guy who sat around at home all day in his jogging suits, watching cartoons and dreaming up crooked scores?

North Dakota ain’t booming because of the governor there, whoever it is. Texas ain’t booming because of Rick Perry’s policies. If it was, MIssissippi would be booming, too.

It’s important to hold politicians to their core responsibilities of human services — something we neglect to do when we pretend they’re Big Daddies who can make everyone rich.

Don’t believe the hype of governors, or mayors, when they say they are creating jobs. Consumers create jobs, risk-takers create jobs, and the job of politicians is to do their limited-jobs and get out of the way.

Exactamundo.

- Posted by Rich Miller        


33 Comments
  1. - 47th Ward - Friday, Jul 25, 14 @ 8:55 am:

    Well said, as usual Wordslinger. You’re one of the reasons I keep coming back to Capitol Fax.


  2. - Roadypig - Friday, Jul 25, 14 @ 8:55 am:

    Bravo , Wordslinger…


  3. - ah HA - Friday, Jul 25, 14 @ 8:57 am:

    Hit it right on the Head! could not have said it better myself…


  4. - PoolGuy - Friday, Jul 25, 14 @ 9:00 am:

    Truer words were never spoken. this fascination with Governors being responsible for job creation and bringing in businesses, when some of those same people supporting this notion are 100% behind free market capitalism is astounding. I don’t blame Bush personally for the internet or housing bubbles/bursts, but also don’t give him credit for the growth in between either.

    and now Governors issue press releases all the time to take credit for jobs and business attraction, solidifying the belief.


  5. - Apocolypse Now - Friday, Jul 25, 14 @ 9:00 am:

    So, the voters must be at fault for believing these guys.


  6. - downstate hack - Friday, Jul 25, 14 @ 9:03 am:

    Great Theme. All the more reason to limit government to only essential services


  7. - Ghost - Friday, Jul 25, 14 @ 9:05 am:

    I would say I mostly agree,

    lets not forget War; Wars tend to drive economic booms, and politicians do start wars :)


  8. - Anyone Remember - Friday, Jul 25, 14 @ 9:05 am:

    Bravo!


  9. - Rich Miller - Friday, Jul 25, 14 @ 9:08 am:

    ===Wars tend to drive economic booms, and politicians do start wars :)===

    Just one more reason why I’ve been arguing for a “limited” incursion into Missouri to snag its casinos, universities and nightlife. Then, on to Madison!

    /snark


  10. - Touree's Latte - Friday, Jul 25, 14 @ 9:09 am:

    *Like*


  11. - Bill White - Friday, Jul 25, 14 @ 9:12 am:

    === Don’t believe the hype of governors, or mayors, when they say they are creating jobs. ===

    Also, don’t believe the hype of hedge fund managers when they say they are the job creators. An appropriate level of taxation simply is necessary if we are to accomplish this:

    === It’s important to hold politicians to their core responsibilities of human services — something we neglect to do when we pretend they’re Big Daddies who can make everyone rich. ===


  12. - phocion - Friday, Jul 25, 14 @ 9:13 am:

    I’m pretty sure elected officials also are responsible for appropriate investments in infrastructure as well.


  13. - Oswego Willy - Friday, Jul 25, 14 @ 9:19 am:

    - wordslinger - puts it as it is, like always.

    To the Post,

    When a politician doesn’t take credit for things they have no control over, then you have real news.

    The Rod example? Wow, if the clouds don’t part after reading that, I don’t know what will.


  14. - Illiana - Friday, Jul 25, 14 @ 9:24 am:

    First, it is disappointing to me that no one in politics ever talks about the business cycle. The short-term up & downs that we generally talk about are products of the business cycle & yes, public officials have virtually nothing to do with that. When downturns in the business cycle occur, recessions will occur. This is a fact of life no public policy can change.
    That said, public policy does impact how high the highs are & how low the lows are. There is a reason that depressions used to be commonplace & only stopped after the federal government stepped in during FDR’s administration, partly by limiting how much impact one bank could have on the national economy. It is also no coincidence that after regulations limiting an individual bank’s impact went away that we flirted with a new depression for the first time in several decades.

    Second, of course is the impact of fiscal stewardship. Driving up debts genuinely does help an economy short term, while paying down debt is a weight holding an economy back. In the long term, fiscal discipline is needed so that you are not holding back the future of the entity you govern.


  15. - Bill White - Friday, Jul 25, 14 @ 9:35 am:

    The core responsibilities are human services public safety and infrastructure.

    And, when the business cycle trends downward, it is the optimal time to build up infrastructure.

    During downturns, interest rates are low and the construction trades are slow - time to build bridges, roads, rail, etc . . .

    During upturns, government spending can be curtailed and deficits reduced.


  16. - Chicago Cynic - Friday, Jul 25, 14 @ 9:38 am:

    Not to be contrarian because I agree with 95% of what Word wrote here, but government policy has the power to help create and help destroy jobs so what politicians do does matter.

    Let’s take a couple examples from the energy industry. There would be no ethanol industry (not saying it’s a good thing) but for government policy. Same is true for the wind industry (though that’s becoming less so). Same was true for the railroads when they got started, etc. etc.

    Tax policy for better and for worse can help drive industries which create jobs. Some say this is statism and government picking winners and losers, but it does have real impact on private employers who respond to government policy.

    Now clearly that’s not the biggest impact on the economy, but it does have effects around the margins.


  17. - Aldyth - Friday, Jul 25, 14 @ 9:43 am:

    Brilliantly stated, Wordslinger. I’m going to share this link.


  18. - From the 'Dale to HP - Friday, Jul 25, 14 @ 9:45 am:

    BUT THE TRIBUNE EDITORIAL BOARD SAID…

    But seriously, this nails it.


  19. - RNUG - Friday, Jul 25, 14 @ 9:56 am:

    Bravo! worsslinger


  20. - x ace - Friday, Jul 25, 14 @ 10:01 am:

    sign me up for the “incursion” and “limit” me to Operation Party Cove


  21. - A guy... - Friday, Jul 25, 14 @ 10:07 am:

    Only one addition to this very smart essay: Politicians can ‘get the hell out of the way’. That might be their best contribution to the economy.


  22. - Nieva - Friday, Jul 25, 14 @ 10:09 am:

    I have a group waiting at the Chester Bridge for you orders Rich. We have a small fleet of pontoons ready for the crossing if needed and several cases of cold beverage to bribe the border guards.


  23. - Oswego Willy - Friday, Jul 25, 14 @ 10:28 am:

    ===Politicians can ‘get the hell out of the way’. That might be their best contribution to the economy.===

    I think you just missed the whole point;

    ===Here’s what I’ve come to believe: politicians claim so much credit for the good times, some people believe it. So when the bad times come, people blame them for that.===


  24. - A guy... - Friday, Jul 25, 14 @ 10:33 am:

    No Wilbur, I think it’s you who’ve missed the point. Perhaps they can get out of the way in both instances and simply do what they’re supposed to do.


  25. - Give Me A Break - Friday, Jul 25, 14 @ 10:38 am:

    Rich: My wife stands ready to lead the occupation of the new Outlet Malls in STL. She awaits your orders.


  26. - Oswego Willy - Friday, Jul 25, 14 @ 10:43 am:

    Just don’t call me Bill, only my Mom calls me Bill.


  27. - A guy... - Friday, Jul 25, 14 @ 11:00 am:

    Not to worry. I was channeling Mr. Ed, not your mom.


  28. - Oswego Willy - Friday, Jul 25, 14 @ 11:10 am:

    So you’re a horse? I won’t guess which end.

    To the Post,

    ===It’s important to hold politicians to their core responsibilities of human services — something we neglect to do when we pretend they’re Big Daddies who can make everyone rich.===

    Government has a role, I like very much - wordslinger -’s point here. It’s not big government boogey-men, or no government anywhere. There is a core responsibility, we need to be reminded of that part too.


  29. - Formerly Known As... - Friday, Jul 25, 14 @ 11:37 am:

    There is much truth in what @Wordslinger says. Political figures do not “create” jobs.

    But there is also much truth in what @Chicago Cynic says. Political figures do establish the regulatory climate and play an important role in fostering economic growth.

    Their decisions determine differences from state-to-state in minimum wage and labor costs; infrastructure; environmental protection and land use; regulation of labor markets and the workplace, as well as worker’s comp costs and unionization rules; energy production, distribution, conservation, availability and cost; freight transport rates and routes; educational opportunities and skilled labor in the workforce; tax rates; and incentives.

    These differences help determine everything from site selection for a new business to growth or expansion for an existing business and current employees.

    The two are intricately related. Is that incorrect?


  30. - A guy... - Friday, Jul 25, 14 @ 12:13 pm:

    == Oswego Willy - Friday, Jul 25, 14 @ 11:10 am:

    So you’re a horse? I won’t guess which end.===

    How clever and perceptive. Go ahead and kiss the end that comes into your mind first.


  31. - Ghost - Friday, Jul 25, 14 @ 12:23 pm:

    hmmm if we take missouri will DOT be in charge of six flags…….


  32. - Chicago Cynic - Friday, Jul 25, 14 @ 3:13 pm:

    FKA, that’s exactly right. Word is correct that politicians take too much credit when the economy goes well and too much blame when it doesn’t, but they clearly have more responsibility than Word suggests.


  33. - CapnCrunch - Friday, Jul 25, 14 @ 4:21 pm:

    “Consumers create jobs, risk-takers create jobs, and the job of politicians is to do their limited-jobs and get out of the way.”

    He’s spot on there. But the interpretation of the following words probably provides the basis for much political disagreement.

    “It’s important to hold politicians to their core responsibilities of human services……..”


Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* Summers compares Trump to Rauner
* New White House website references "thousands of shootings in Chicago"
* Let's try cashing in on our rich heritage
* And now for a little bit of good news
* Unemployment up, jobs down
* Question of the day
* *** UPDATED x1 - Kirk declined to fly with Obama *** Kirk won't stop saying goofy things
* Um... about that "fully funded" boast
* Cullerton, Radogno "playing coy" about tax hike percentage
* "Institute" ginning up opposition to Senate deal
* A SOTS preview?
* IDOT warns of doom for I-55 toll lanes
* Is the end near for legislator pensions?
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............
<


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

  
* Galaxy Note 7 explosion report: why did Samsung’s phablet blow up?
* Sonos wants to integrate voice assistants into its speaker lineup
* [TA Deals] Master data science and analytics with this bundle for less than $50
* T-Mobile Tuesday for two
* Best cloud storage apps
* New images suggest fourth physical button present on Samsung Galaxy S8
* Three prospective Xiaomi Mi 6 versions detailed by insiders, including dual-edged Premier

* Dominican Republic academy re-opens with upgrades
* Dominican Republic academy re-opens with upgrades
* New Hall of Famers reflect on highest honor
* Fans will be able to stream live games in '17
* New Hall of Famers get their close-up
* Williams says Hall not just for 'all-time greats'
* Collins named fourth-best catching prospect in MLB

...............


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress

Loading


* Vogel: Some hope Illinois can get on track..
* OUR VIEW: Blago stays in prison — let’s keep it.....
* Rauner Sets NIU Board of Trustees Replacing 3 M.....
* Illinois governor extends tax incentive program.....
* Illinois Senate leaders promise budget-deal vot.....


* 2 convicted in shooting that left basketball coach paralyzed
* Chicago women's march aims to send message to Trump
* EXCHANGE: Arcola man armed and ready to rumble
* EXCHANGE: Church moves from Freeport into historic building
* Illinois State Police warning people about a phone scam
* Alleged Chicago-area drug dealer sentenced in armed robbery
* Chicago police: Off-duty Robbins officer fatally shot robber
* Michigan says 38 underperforming public schools could close
* Inauguration protesters gather in downtown Chicago
* Illinois governor extends tax incentive program

* Governor extends tax incentive program
* Schock case reassigned to Urbana's Judge Colin Bruce
* Background-checks policy leads U of I to withdraw 11 job offers
* Film industry generates half-billion in Illinois spending
* Illinois Senate leaders promise budget-deal vote Wednesday
* Jesse White wants ads on license plate renewal reminders to offset cost
* A new tax on sodas, sugary drinks? It might be part of Illinois budget deal
* Jesse White wants ads on license renewal reminders to offset cost
* Jesse White wants advertisements on license renewal reminders to help offset cost
* New state app aims to help students with career choices

* Obama's roots a reminder that ambition can be a grand thing
* Trump's promise: He'll make America great again ​
* What's so hard about assembling a restaurant team? Everything.
* Insurers moving to former Zurich HQ in Schaumburg
* Deceased lawyer was known for stadium deals


* Park City man finds old lotto ticket worth $50K
* Heading to the Women’s March Saturday? Here’s the lowdown
* 16 arrested in anti-Trump protests in Chicago Loop
* MAP: Chicago weekend shootings tracker for Jan. 20-23
* 15 shot in first 12 hours of the weekend in Chicago
* Pedestrian critically injured in Chatham hit-and-run
* 2017 Kia Optima Hybrid provides seamless drive, big fuel economy
* Man shot in foot in Gresham
* 3 shot in Brighton Park
* Police: 1 dead, 1 critical after Humboldt Park shooting


* LINDA C. BLACK HOROSCOPES for 1/21/17
* Live blog: Coverage of the Women's March on Washington, Chicago
* 1 dead, 14 wounded in city shootings
* Man critically injured in hit-and-run crash on South Side
* At anti-Trump protests in Chicago, a 'wall of human resistance'
* The day after Trump's inauguration, a different crowd to descend on Washington
* Some women stay away from Women's March over abortion issue
* The danger of Betsy DeVos' ignorance
* West Loop loft with exposed brick: $900,000
* To march or not? Some women are staying away from Women's March because of a rift over abortion


The widget AQL4JYGHIY powered by Feed Informer does not exist.


* Guest Column: Put politics aside and pass a state budget
* Charles Krauthammer: Obama’s self-revealing final act
* Governor extends tax incentive program
* Schock case reassigned to Urbana's Judge Colin Bruce
* Background-checks policy leads U of I to withdraw 11 job offers
* Film industry generates half-billion in Illinois spending
* Illinois Senate leaders promise budget-deal vote Wednesday
* Jesse White wants ads on license plate renewal reminders to offset cost
* Our View: Thumbs Up to a finished Route 29 project
* A new tax on sodas, sugary drinks? It might be part of Illinois budget deal


* PODCAST: The Roofing Dog 1-21-17
* PODCAST: Honda BMW of Champaign 1-21-17
* PODCAST: Holder Wealth Management 1-21-17
* Sandra Mason: Easy-care houseplants
* Unit 4 board won't reveal superintendent pick immediately
* Bob Swisher: Some pieces deserve a prominent display
* Urbana police seeking new software in addition to officers
* Weekend Planner: MLK, creatively expressed
* Circus is leaving town
* Local women's march began with buses at UI campus


* Tornado rips through parts of south Mississippi, killing 4
* AP Interview: New Gambia leader says Jammeh leaving in hours
* Chicago women's march aims to send message to Trump
* 1 wounded in school shooting, 'could have been much worse'
* Balotelli livid at Bastia fans he says racially abused him

* House lawmakers overcome hurdle on key tra...
* Rodney Davis talks funding with Bloomingto...
* The agency that fought Illiana gets a new ...
* Rep. Dold takes educational cruise down Ch...
* Lawmakers decry high turnover rate of VA h...
* CBD Oil, and politics
* Simon considering state Senate bid
* Killer Congressman Tom MacArthur trying to...
* Shutdown? State may not notice
* Rep. Bob Dold

* Durbin, Senate Judiciary Democrats To Jeff......

* Ex-Sen. Kirk may become lobbyist, complain......

* Fantasies always predominate in political people’s mentalities
* “The Driver’s Side” – News From The Motorist’s Perspective
* Last night on WGN. Talking peace and justice.
* Tony at the Red Line.
* New Illinois Laws Remove Employment Barriers for People with Criminal Records
* Where's Weyermuller? Marching with life lovers in Chicago
* Trumps go to Washington
* Di Leo: Sergeant York and the Affordable Care Act
* Schakowsky: Trump's hateful rhetoric will now live in White House
* Pension theft. From the west suburban front.


* New Authority Allows DCFS to Strengthen and Preserve Families - Federal waiver grants DCFS flexibility to better care for fostered youth
* Illinois Film Industry Generates $499 Million in 2016 - Chicago named #5 Best Place to Live and Work as a Moviemaker
* State Announces Free Tax Preparation for Low Income Families
* Governor Announces Appointments
* Governor Takes Bill Action




      Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller