Obama’s Volunteer Initiative Is Economically Bankrupt

Responding to the almost monolithically positive coverage of the Obama administration by the national press, Phil Bronstein, editor-at-large for the Hearst Newspapers, observed recently that the Administration and the reporters covering it should “get a room.” And while USA Today’s account of Barack and Michelle Obama’s “United We Serve” initiative appeared after Bronstein’s quip, its coverage of same serves as yet another example of a media apparently unwilling to show even the remotest amount of skepticism about an Administration and program that deserve a great deal of it.

As USA Today’s Andrea Stone wrote, “First Lady Michelle Obama will launch a summer of service” that the “White House hopes will help the economy recover through the work of individuals.” This is not a joke, and this is also not a parody of slavish White House reportage from the Onion. Stone was serious.

But back to reality, and taking nothing away from either charitable work or volunteerism, neither has anything to do with economic growth. If anything, for drawing potential workers away from the wage economy, volunteerism detracts from economic activity.

Nothing Stimulative About Obama’s Volunteerism – John Tamny, RCM

About Brian Schuettler

I have been in financial management for about 20 years now and have decided to initiate a blog that addresses the complex financial, accounting and general business issues that confront our society. These issues vary in content and complexity but there is no time in the past half century that has demanded more the identity and clarification of them. This is a start. Thank you. Brian John Schuettler
This entry was posted in A Growing List Of One Term Presidents, Important Skills - No Apprentice Programs. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>