WaPo reports on Obama’s “plea” for another $50 billion bailout, this time for state and local governments. The lede:
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.
So let’s see, essentially necessitating future tax increases by widening the deficit now to bail out teachers such as the ones who can spend years on full pay awaiting arbitration hearings in New York City’s rubber rooms or policemen who abuse the overtime system and kill dogs and humans in drug raids or firefighters who also abuse their payment systems is for the good of the economy and not because they are reliable Democrat-voting constituencies, right?
It doesn’t matter how you vote or if you vote at all–there’s no reason to support another transfer of wealth from private sector workers who make less to begin with to public employees who get paid more. The bailouts end now.
PS–If you haven’t already read it, Reason’s “Class War” cover story from their February issue should be required reading. The details of the victory of the public sector worker over the private sector guys are gory but worth knowing.
[Hat tip: Reason]