Yesterday I did a post on the pressing need to stop Obama’s proposed $50 billion bailout for state and local governments.
Veronique de Rugy has a great post about the same issue over at the Corner. Her intro:
President Obama’s recent plea for another $50 billion (here is the letter to congressional leaders) to save the jobs of teachers and firefighters in the states is a great example of the “Washington Monument Syndrome.” This refers to the bureaucratic practice of threatening to close down the most popular and vital programs in response to prospective budget cuts; it gets its name from the U.S. Department of the Interior, which always threatens it will have to close the Washington Monument if its budget is cut.
Wait, you mean to say leftists might be using emotionalistic sophistry to defend patently silly economic policies? Never!
A related point:
Fourth, if teachers and firefighters are such a priority, why start with them? In the same situation, a typical family would start by reducing its spending in the least essential areas: For instance, parents would stop going out to dinner rather stop buying food for their children. Is President Obama telling us that states have already cut all the non-essential parts of the budget and only essential parts are left untouched? Or is Obama saying that state governments are like bad parents that would rather stop feeding their kids than stop going out for dinner?
Yep. Rather than talking about teachers, firefighters and cops, an honest Obama would have said this was a bailout to save school administrators and smoking ban enforcers and all manner of other unnecessary and/or overpaid state and local employees.
Pat Buchanan’s analysis is also good, though more focused on the political aspects of the bailout.