An Obamanomics Preview
Tax and spend, but not in that order.Spend, spend, spend, and payback:
The latest plan is even worse than the spring round of $100 billion or so in tax rebate checks. At least rebates allowed taxpayers to spend their own money. Under this stimulus the government will tax or borrow $150 billion to $300 billion in order to spend the money on social and pork-barrel programs. The latest draft would direct dollars to food stamps, another expansion in unemployment insurance, home heating subsidies, more aid to states and cities, and “infrastructure” like roads, bridges and public transit. Because of Davis-Bacon wage requirements on these brick and mortar projects, a portion of the dollars would coincidentally flow to the Democrats’ biggest campaign contributors: unions. Call it a political “rebate” check.
Not surprisingly, the unions and the Dems both are all in favor of Card Check, the oxymoronic “Employee Free Choice Act.”
George McGovern is one of the few Democrats to publically oppose Card Check:
You would think that business would oppose Card Check, too. Read When the Business Community Strays Far, Very Far, from the Reservation on how that’s not the case.
Barney Frank, Meet Robert Heinlein.
