WSJ Touts Kasich's "Prescription For GOP," But Ignores The Side Effects
Blog ››› ››› CRAIG HARRINGTON
The Wall Street Journal touted Ohio Gov. John Kasich's so-called success when it comes to creating jobs, dismissing data that shows the state is lagging in private sector job creation and that added jobs are often low-wage positions.
From the August 14 article profiling Kasich, who "boasts about his state's financial outlook":
Job growth is up. The Republican governor just signed what he calls "the biggest tax cut in the country" after converting a looming $7.7 billion budget deficit into a $2.5 billion surplus. Such success, he says, "would probably get a global CEO a giant bonus."
In fact, Ohio ranks ranks 47th in private sector job creation according to a Pew Research survey, and over the past year, the state has shown almost no job growth at all. Further, most of those created jobs have been in low-paying positions, with wages less than $15 an hour. Kasich, who made millions working for the doomed Wall Street titan Lehman Brothers, is no stranger to giant corporate bonuses, but in this case self-congratulation is premature.
It is unclear whether Kasich's policies have had a demonstrable effect on positive employment trends that developed long before he took office in January 2011. The auto bailout orchestrated by the Obama administration in 2009 is largely credited with delivering the state to the president in the 2012 election. Kasich opposed the auto bailout at the time, stating on the December 19, 2008, edition of The O'Reilly Factor that "Americans will say we don't mind helping them if they're going to be viable. If they're not going to be viable, we shouldn't throw good money after bad."
Even if credit is given to Kasich for his stewardship over the past two years, the Journal completely misses the mark in reporting his budget policies.
Kasich has seen a budget deficit return to surplus, but only through draconian cuts to state and local government operations -- including severe decreases in funding for education and women's health. Rather than gearing the state's budget surplus toward stimulative policies that would help put Ohioans back to work, Kasich's plan will favor tax cuts for the wealthy while shifting more of the burden onto Ohio families and consumers.
The Journal also quickly glosses over what it calls "new abortion restrictions that drew sharp criticism from Democrats," which are actually among the harshest in the country. In its rush to promote a Kasich "prescription" for the Republican Party going forward, and promote the governor's own ambitions for higher office in 2016, The Wall Street Journal failed miserably to tell the true story.