This man’s particular expertise is in pensions and behavioral economics. Since he has experience in working with labor markets, it is obvious to me that Republicans are more interested in one-upmanship than they are in adding jobs.
“It’s a pity since Diamond’s work on labor markets would be of importance to the committee,” said Michael Gapen, a former Fed economist now at Barclays Capital. “This was a case of politics winning out over pragmatism.’
The shaky U.S. economy — in which unemployment is over 9 percent two years after the formal end of the recession — is a major liability for President Barack Obama as he prepares to seek reelection in 2012.”
In fact, watch them oppose anything that would add jobs to our markets because any addition of jobs would weaken their position and strengthen Obama’s chance for reelection.
Of course, they will pick their targets so that it is only obvious to those of us who think for ourselves but will not be obvious to the greater group of politically naive among the voting public. I believe that it has come to the point in this country that partisan politics is so prevalent that Republicans no longer put the good of the country ahead of other considerations. Their one goal is to either maintain or regain power.