Investors Business Daily is biased. Is there a newspaper today that isn’t? But all bias is not political; the IBD’s bias doesn’t lean left or right. As the name implies, the paper is pro investor, pro business and pro capitalism. That means they are biased in favor of jobs. The IBD is purely an investment and business paper and they report on these endeavors every day. That makes the paper somewhat of an expert on the subjects of economic growth and job creation.
In a recent article titled Obama’s Job-Killing Machine Rolls On, the IBD points out some glaring examples of how Obama has snuffed out jobs. AT&T was ready to hire 5,000 people for well paying new jobs until Eric Holder’s Justice Department sued and the FCC came forth and opposed AT&T’s merger with T-Mobile. And then there is the infamous Keystone Pipeline which was steadfastly opposed by Obama until the Republican Party in control of the House of Representatives forced his hand. More than 10,000 jobs were at stake. Obama has kept one promise he made on the campaign trail; electricity bills are skyrocketing. New EPA rules have caused three generating plants to be closed already with the attendant jobs lost.
Obama doesn’t just fail to create jobs; his administration pro-actively takes steps that kill jobs, new jobs that would occur naturally, jobs that need no assistance from stimulation programs, no subsidies and no cost to taxpayers. President Reagan was never more correct than when he said “Government isn’t the solution to the problem. Government is the problem!”