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Tuesday, August 10, 2010

Morning Bell: Under Obamanomics, Government Workers Win, You Lose

From: The Heritage Foundation

Morning Bell: Under Obamanomics, Government Workers Win, You Lose
http://blog.heritage.org/2010/08/10/morning-bell-under-obamanomics-government-workers-win-you-lose/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell


Today the House of Representatives is expected to approve yet another bailout for those states that have proved incapable of controlling their spending on government worker pay, benefits and pensions. The $26.1 billion price tag will be funded in part by $11 billion in tax hikes on U.S. companies that compete internationally. From his trillion dollar economic stimulus to his $3 trillion tax hike it has become clear that President Barack Obama views the private sector the same way the Huns viewed a city – as something to be sacked and plundered for the benefit of public sector workers. . . .

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