Monday, June 14, 2010

Another 50 billion Dollar Union bailout

A 50 Billion dollar local and state union employees bailout proposal is going well beyond the point of no return and far beyond the scope of reason.

I can't even imagine how any Congressman could possibly think this is going to fly.

Has anyone in the administration ever heard of job creation, or spending cuts to improve the position any local, state, or the federal government to be able to handle their responsibilities?

How about tax cuts so people can have more of their money to spend and "kick start" the economy.

By Lori Montgomery



Washington Post Staff Writer
Sunday, June 13, 2010


President Obama urged reluctant lawmakers Saturday to quickly approve nearly $50 billion in emergency aid to state and local governments, saying the money is needed to avoid "massive layoffs of teachers, police and firefighters" and to support the still-fragile economic recovery.
full story

Now to me here is the biggest irony:

If these employees are laid off (that is a bad thing) they will still be being paid unemployment benefits which are tax dollars, but they will be making less and actually be still contributing the deficits anyway. (At least it would be at a lower rate).

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