The gulf oil gusher is a disaster of great proportions. We’ve all seen the pictures of petroleum-soaked birds and dead fish, and the area’s economy is on life support. The mishap truly is a tragedy for all, from Gulf residents to English pensioners to marine wildlife to, yes, BP itself. As bad as this is, however, there’s a way to make the situation worse: by compounding it with another tragedy, one both foreseeable and preventable.
With job creation in the U.S. basically at a standstill aside from some government hiring of temporary Census workers, even after a trillion-plus dollars in stimulus spending, Hillary Clinton’s answer for more growth and more jobs is to remove even more money from the people who earned it and hand it over to the federal government.