Another Government Employee Bailout

By Tad DeHaven

President Obama is proposing giving the states another $50 billion. However, this would amount to another bailout for state and local government employees and their unions. The president claims that more deficit spending is necessary to sustain the nascent economic recovery. But the only thing the money would sustain is the excessive wages and benefits [...]

Categories: Politics, Tax and Budget Policy  |  Tags: Bailout, bureau of labor statistics, deficit spending, fiscal federalism  |  No Comments »