It started with the stimulus package. One-third of the money went to public employee union members -- a political payoff not very stimulating to anyone else. Billions went to green energy loans, like the $500 million that the government lost in backing the obviously hapless Solyndra.
Infrastructure projects, which the president continues to tout, never seem to get built. He's been talking about dredging the port of Charleston, for example, to accommodate the big container ships coming in when the Panama Canal is widened.
The canal widening is proceeding on schedule to be completed in 2014. The target date for dredging the port of Charleston: 2024.
Then there's Obamacare. Barack Obama has already said the administration will not enforce the employer mandate, will not verify eligibility for insurance subsidies and will not require employer-provided policies to cap employees' out-of-pocket costs.
The Constitution's requirement that the president take care to faithfully execute the laws apparently does not apply.
Obamacare administrators continue to miss deadlines set by the health-care law -- 41 of 82 of them, according to Forbes' Avik Roy's reading of Congressional Research Service report.
Then there's the Dodd-Frank financial regulation law. According to the law firm Davis Polk, the administration as of July had missed 62 percent of the deadlines in that law.
All of which indicates incompetence in drafting or in implementing the legislation -- likely both. We have a president who delights in delivering partisan speeches to adoring audiences but doesn't seem interested in whether his administration gets results.
Via: Real Clear PoliticsContinue Reading....
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