What’s better for Democratic candidates — jobs bill, or …

posted at 2:05 pm on September 29, 2011 by Ed Morrissey

The Hill explains Harry Reid’s lack of urgency in scheduling Barack Obama’s jobs bill — perhaps better than Alexander Bolton intended.  Reid has put the Americans Jobs Act off to the side while he pursues presumably more important legislation, which attacks China over its currency manipulation.  It has no chance of passage, and even if it did there seems to be at least a significant chance that Obama might veto it.  So why is Reid prioritizing China-bashing over Obama’s jobs plan?

Senate Majority Leader Harry Reid (D-Nev.) has made it clear that he will not schedule a vote on President Obama’s jobs package until after the upper chamber moves a China currency bill that the administration does not support.

Reid is wielding a significant amount of leverage with the White House on the China legislation, which is unlikely to be signed into law in the 112th Congress. Yet passing the bill through the Senate — which is expected to happen next month — would help Democratic incumbents on the campaign trail, where China-bashing usually resonates.

The bill would crack down on what critics contend is China’s policy of manipulating currency to give its companies a trading advantage. The Obama administration is not eager to confront China over its currency policy, but congressional Democrats are eager to tackle it — especially politically vulnerable Democratic incumbents in Midwestern states. They include Sens. Sherrod Brown (Ohio), Debbie Stabenow (Mich.) and Bob Casey Jr. (Pa.), whose states’ economies have suffered because of a steady outflow of manufacturing jobs to China.

Any action against China on trade would likely lead to a response that would harm US exports.  In better economic circumstances, that might be worth the risk — China undoubtedly manipulates its currency to disfavor exports from the US and others — but these are not better economic circumstances.  If this escalates into a trade war, we will sustain a significant amount of damage at a time when we really can’t afford more economic shocks, either here at home or abroad.  It won’t produce jobs here at home, but it could start wiping more of them out, especially in export areas and manufacturing.  Rising prices won’t help consumers here, either, leading to less consumer activity and a further economic slowdown.  Obama may or may not veto such a bill, but it’s probably not going to pass the House anyway, which makes this a campaign stunt more than a p0licy debate.

And that’s what is so fascinating about Reid’s priorities in scheduling the bills.  If Reid thought the jobs bill would help Brown, Stabenow, and Casey, he’d trip over the Senate carpeting to get AJA on the floor.  By pushing his China currency bill ahead of the AJA, Reid is not just conceding that Obama’s bill won’t pass, but that it’s not going to help Democrats whether it passes or not.  He’s almost certainly right, as Republicans would love to tie a proposal to spend another $450 billion in borrowed money — borrowed at least in part from China, the very nation Reid wants to punish — on the same kind of gimmicky, short-term government interventions that Obama wasted on Porkulus in 2009.

Now that Democrats and Republicans alike agree that Porkulus II: Economic Boogaloo is an albatross, can we get serious about reversing the regulatory adventurism and class-warfare policies that have stalled the economy and job creation?

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Now that Democrats and Republicans alike agree that Porkulus II: Economic Boogaloo is an albatross, can we get serious about reversing the regulatory adventurism and class-warfare policies that have stalled the economy and job creation?

Sums up all about Obama and the Left.

Schadenfreude on September 29, 2011 at 2:10 PM

Harry has always had the greater good as his goal.

a capella on September 29, 2011 at 2:11 PM

http://ow.ly/6IKd0

Joe Biden “Its not Bush Fault its Our Economy”

William Amos on September 29, 2011 at 2:11 PM

I’m afraid the class warfare is only going to increase -it’s election time and all they have going for themselves is that envy card and redistribution (stealing) of wealth.
I suspect that once he suspects that he won’t win, we’ll see the reall evil stuff heaped on us. Do it, or lose the opportunity. The GOP won’t stop him or roll anything back -too busy writing books, criticizing Sarah, and posing as conservatives.

Don L on September 29, 2011 at 2:12 PM

Now that Democrats and Republicans alike agree that Porkulus II: Economic Boogaloo is an albatross, can we get serious about reversing the regulatory adventurism and class-warfare policies that have stalled the economy and job creation?

Sure, at the earlier of November 6, 2012 or the replacement by Hillary of the Won.

MTF on September 29, 2011 at 2:13 PM

Can we get serious about reversing the regulatory adventurism and class-warfare policies that have stalled the economy and job creation?

It’s a rhetorical question, I know, but the answer is obvious: no, we can’t. Not until January 2013, and that only if Obama’s rear end is booted out of Washington.

jwolf on September 29, 2011 at 2:14 PM

Thank you, Nevada!

GarandFan on September 29, 2011 at 2:15 PM


So why is Reid prioritizing China-bashing over Obama’s jobs plan?

Same reason turd-world countries point an angry finger at us while their people starve … to deflect blame and divert attention away from their own internal problems.

Tony737 on September 29, 2011 at 2:15 PM

http://ow.ly/6IKd0

Joe Biden “Its not Bush Fault its Our Economy”

William Amos on September 29, 2011 at 2:11 PM

They Boned it….they own it

Chip on September 29, 2011 at 2:15 PM

Is it good to piss off the country funding the Democrat looting of America?

MNHawk on September 29, 2011 at 2:15 PM

Senate Majority Leader Harry Reid (D-Nev.) has made it clear that he will not schedule a vote on President Obama’s jobs package until after the upper chamber moves a China currency bill that the administration does not support.

Remember when the media got in an uproar about House Republicans “wasting time” when they passed Cut Cap and Balance?

Seems Harry Reid and Barack Obama are both pushing “waste of time” bills. And they are wastes of time not because of Republicans, but because Reid does not support Obama’s bill and Obama doesn’t support Reid’s bill.

Democrat “do nothings”

forest on September 29, 2011 at 2:15 PM

The only thing Harry is serious about is continuing the revenue stream into his and other Senators (D) campaign accounts.

Another Drew on September 29, 2011 at 2:16 PM

It has no chance of passing, it will be vetoed by Obama…then just deem the thing passed and get onto other things. The reps could just let it pass through without hold up and then vote for, or against it. The dems can say they were for it, Obama can veto it, nothing happens, the dems through Obama, get the blame.

cozmo on September 29, 2011 at 2:16 PM

Ed, “Now that Democrats and Republicans alike agree that Porkulus II: Economic Boogaloo is an albatross, can we get serious about reversing the regulatory adventurism and class-warfare policies that have stalled the economy and job creation?”

Obama, “Ed. You silly child. You just don’t understand.

Who created this planet with massive mountains surrounded by vast seas? Who put the sun in the heavens, and populated the earth with creatures in the air, land & sea?

My ways are higher than your ways. In fact, start calling me, ‘I am Who am.’”

Danny on September 29, 2011 at 2:16 PM

Now that Democrats and Republicans alike agree that Porkulus II: Economic Boogaloo is an albatross, can we get serious about reversing the regulatory adventurism and class-warfare policies that have stalled the economy and job creation?

You’re funny, Ed. For a second there I thought you were serious. Very clever Bev Perdue style humor you got going.

Doughboy on September 29, 2011 at 2:25 PM

Reid see Zero and everything he does as a problem. As I have opined here at HA, top dem strategists are thinking they need a new candidate:

www DOT cnsnews DOT com/blog/grant-m-dahl/fmr-clinton-adviser-very-possible-obama-will-bow-out-presidential-race-now

There is audio. Why does the filter object to cns?

dogsoldier on September 29, 2011 at 2:27 PM

can we get serious about reversing the regulatory adventurism and class-warfare policies that have stalled the economy and job creation?

Not a chance that they will abandon issues so dear to their base of tree huggers and moochers.

cool breeze on September 29, 2011 at 2:28 PM

One need look no further than Reid’s dereliction of duty regarding passing a budget, which led up to standoffs on government shutdowns and ratings downgrades, to demonstrate he puts election results before country.

taznar on September 29, 2011 at 2:33 PM

Reid is worried about Reid.

If Republicans take the Senate, he, like Nancy, is relegated back to his seat, with little or no power. I imagine Dems might seek a new leader after that.

capejasmine on September 29, 2011 at 2:35 PM

The Senate Democrats. Working hard at doing nothing.

Nethicus on September 29, 2011 at 2:37 PM

“The Obama administration is escalating its crackdown on tough immigration laws”

http://www.washingtonpost.com/politics/obama-administration-widens-challenges-to-state-immigration-laws/2011/09/28/gIQA8HgR7K_story.html

ninjapirate on September 29, 2011 at 2:38 PM

Words, just words

golfmann on September 29, 2011 at 2:39 PM

“Rising prices won’t help consumers here, either, leading to less consumer activity and a further economic slowdown.”

Why would there be a threat of a veto from Obama? The statement above fits right in w/ his narrative since he took office

Static21 on September 29, 2011 at 2:39 PM

Reid is just pushing a bill that might have a chance at saving one or two of his party colleagues.
There is no point pushing a bill to help a lame duck president that will hurt Reid’s colleagues.

Vashta.Nerada on September 29, 2011 at 2:46 PM

Now that Democrats and Republicans alike agree that Porkulus II: Economic Boogaloo is an albatross, can we get serious about reversing the regulatory adventurism and class-warfare policies that have stalled the economy and job creation?

The Democrats aren’t done destroying our country yet.

gwelf on September 29, 2011 at 2:47 PM

The bill would crack down on what critics contend is China’s policy of manipulating currency to give its companies a trading advantage. The Obama administration is not eager to confront China over its currency policy, but congressional Democrats are eager to tackle it — especially politically vulnerable Democratic incumbents in Midwestern states. They include Sens. Sherrod Brown (Ohio), Debbie Stabenow (Mich.) and Bob Casey Jr. (Pa.), whose states’ economies have suffered because of a steady outflow of manufacturing jobs to China.

China: You no buy our cheap stuff, we no buy your bonds, and we brow up Taiwan. Do you rike that?

Steve Z on September 29, 2011 at 2:52 PM

Who created this planet with massive mountains surrounded by vast seas? Who put the sun in the heavens, and populated the earth with creatures in the air, land & sea?

Danny on September 29, 2011 at 2:16 PM

Who can turn the world on with his smile?
Who can take a nothing day, and suddenly make it all seem worthwhile?

Sorry, but if I have to hear this song in my head, everyone else does, too…

Fallon on September 29, 2011 at 2:58 PM

Who can turn the world on with his smile?
Who can take a nothing day, and suddenly make it all seem worthwhile?

Sorry, but if I have to hear this song in my head, everyone else does, too…

Fallon on September 29, 2011 at 2:58 PM

Hahahaaaaa!

nnNOOoooo!

tinkerthinker on September 29, 2011 at 3:06 PM

Reid is just pushing a bill that might have a chance at saving one or two of his party colleagues.
There is no point pushing a bill to help a lame duck president that will hurt Reid’s colleagues.

Vashta.Nerada on September 29, 2011 at 2:46 PM

Do not be fooled that Reid isn’t doing Obama’s exact bidding. They both know many of their 21 Senators up for reelection cannot vote for this massive tax package. The delay is an attempt to force the House to vote it down first so the Senate doesn’t have to go on record. Boehner should call the bluff.

The China bill is more electioneering nonsense. Yes, the Chinese manipulate their currency to their advantage. No, it isn’t fair. Didn’t your mother and father ever explain that life is not fair?

Starting a trade war with China is a sure-fire way to make the worldwide economy crash completely, and Democrats have already done almost everything else they can to that end. It’s like fixing an ingrown toenail by amputating the leg.

Besides, eventually artificial valuations must come back to earth. You can’t manipulate your way around the laws of mathematics – no matter what Democrats believe. When it does correct itself, it will be China that suffers the most. Perhaps they will suffer enough to overthrow the corrupt communist ruling class, in which case it will have all been worthwhile.

Adjoran on September 29, 2011 at 4:50 PM

Reid knows the lamestream media will not cover his shenanigans, so he does what he thinks will help the other moonbat senators. The Country burns but Reid just keeps getting richer.

David in ATL on September 29, 2011 at 5:07 PM

The Obama administration is not eager to confront China over its currency policy…

yeah, kinda hard when we’re manipulating our own currency.

QE1 and QE2 sent the dollar down, reduced trade deficit, sent stocks soaring as well as oil, food, other commodities.

MaggiePoo on September 29, 2011 at 6:27 PM

Reid see Zero and everything he does as a problem. As I have opined here at HA, top dem strategists are thinking they need a new candidate:

dogsoldier on September 29, 2011 at 2:27 PM

Can we please stop with this nonsense? There is no way obama isn’t running, none, and you know this. We all know this. Bigfoot and the Loch Ness monster have more evidence to back up their existence than the fantasy that obama would ever willingly give up power.

runawayyyy on September 30, 2011 at 1:35 PM