Good for Wisconsin, Good for America

[Geee]

PJMedia:

A panel of scientists performed a survey of all the scientists in the world to see what they believed was the greatest invention of all time. They got answers like the laser, the computer, the rocket. When they asked one of the lesser scientists, he replied: the thermos. He explained that when you put something cold in it, it stays cold, and when you put something hot in it, it stays hot … to which the panel replied: “So?” He answered with a quizzical smirk: “How does it know?”

An obvious question. Here’s another one: What is it about the policies of Romney and Ryan that will help America? America has endured a prolonged recession that has resisted all the economic, political, and rhetorical mitigations applied by the current president. Essentially, the 2008 election has put the economy in an Obamanomics thermos that has kept it cold. Why?

The primary rationale for the Obama presidency’s behavior has been based on redistribution of wealth and Keynesian economic policies. This is no secret. What is also no secret is that the president promised an awful lot when he ran for election in 2008. He really thought that dumping money into government and pet industries and delivering rhetoric designed to create equality of result would somehow — by the force of his sincerity — fix the economy. But the economy has responded to this laboratory of economic and social divisiveness experimentation with — well, it hasn’t responded. Essentially, when you put something cold in the president’s economy, it stays cold. It may get chillier.

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On the other hand, I live in Wisconsin, an economy governed by a different set of principles. I have seen firsthand over the last several years how business-friendly policies and tax incentives coupled with fiscal sanity with public spending policies — and a determination not to let hysterical rhetoric and unhinged protests deter the plan — actually expanded the economy.

While actual job growth in Wisconsin is gaining but still dampened by the national malaise, balancing the budget, reducing unnecessary business regulations, providing business tax incentives, and holding taxes steady have caused the state’s economy to expand even under the constraining effects of the national economic failure.