After acknowledging the "significant victory" Osama bin Laden's death represents for the American campaign against radical Islamists, Newt Gingrich devotes the bulk of his latest column — posted at Human Events — focusing on jobs.
Washington is focused on the wrong issues.
The number one problem in America is the lack of economic growth required to create jobs. Americans are in pain from unemployment, the collapse of housing values, and the rising cost of gasoline and other commodities.
It is impossible to balance the budget at 8 or 9 % unemployment. If we add those who are underemployed or who have dropped out of the job market, this more inclusive unemployment rate (U-6) is nearly 16%. Job creation is the most important step to balancing the budget, so we can move the millions of people consuming tax revenue off unemployment and welfare into jobs where they are being productive and paying taxes. ...