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Latest News - July 2012

July 19, 2012
Obama Puts Far-Left Erica Groshen In Key Labor Post
Source: Investors.com
By: Bill Wilson

Five months ago Barack Obama nominated union backer, liberal economist and Federal Reserve bureaucrat Erica Groshen to lead the U.S. Bureau of Labor Statistics (BLS) — the agency best known for calculating the nation's unemployment rate each month.

Obviously Groshen's nomination was yet another sop to organized labor — which doled out big dollars and major manpower to help elect Obama in 2008 (and which has already been rewarded handsomely for its efforts).

It was also yet another endorsement of the failed Keynesian interventionism that Obama has continued to foist on our private sector ever since he was elected — with disastrous consequences for our nation's economy.

But this particular appointment represents much more than just another lifetime left winger being tapped by Obama to fill a lofty taxpayer-funded perch. For starters, Groshen's background is more explicitly linked to overt anti-American ideologies than any Obama appointee since his infamous "green jobs czar" Van Jones.

Such radical ideological moorings are cause for real concern given that Groshen is being asked to preside over an agency where the inviolability of hard, methodologically obtained data — not the specter of ideological influence — is vital to maintaining institutional neutrality and credibility.

In fact public confidence in BLS methodology and impartiality is much more essential than that — as this agency's unemployment and job growth data consistently drive global financial markets and move public opinion like no other economic indicators.

Moreover, Groshen is being asked to lead this agency at a time when its data are being compared and contrasted not only with more credible alternative measures of labor utilization but also prior unemployment promises from the Obama administration.

Every statistic counts — but we also must be able to count on the veracity of every statistic (particularly those that come stamped with the imprimatur of officialdom).

In other words, this is the absolute worst possible time to nominate a BLS commissioner with suspect associations — one who could easily be perceived as giving an unfair advantage to certain constituencies regarding the release of this information (or possibly even manipulating the presentation of the data itself to paint a more flattering view of the administration's job creation efforts).

One of the most glaring ideological markers in Groshen's background is her choice to send at least one of her children to Camp Kinderland — a communist-founded institution that used Soviet symbols and sang Soviet anthems during the mid-20th century while urging its members to "vote communist."

 

 


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