Posted on 06/17/2010 8:57:34 AM PDT by Starman417
Obama pleads for $50 billion in state, local aid
This is it.
This is the new economy.
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.
Last year's stimulus was going to create 3-4 million new jobs and keep unemployment under 8%. Now we have another emergency:
In a letter to congressional leaders, Obama defended last year's huge economic stimulus package, saying it helped break the economy's free fall, but argued that more spending is urgent and unavoidable. "We must take these emergency measures," he wrote in an appeal aimed primarily at members of his own party.
Of course it's an emergency. Obama's voting block needs a new monetary infusion.
There's more money for not working. More money for bailing out unions.
The AFL-CIO is pressing the Senate to add an extension of unemployment and healthcare benefits to a new jobs bill.The nation’s largest labor coalition also wants the Senate to add relief for state and local pension funds before the bill receives a vote later this week.
Bailing out union pensions is going to create jobs.
In arguing for the bill, Samuel cites an estimate by the Economic Policy Institute, a liberal think tank, that the bill would create 1 million jobs.
Sure it will.
As usual, there is no bailout for those of us who actually work for a living.
The new economy is print money and bail out your pals.
Read more at floppingaces.net...
I guess union public employees drive the economy or something?
Why is it always teachers, police and firemen. Why don’t we layoff half of the DOE, half of the DHHS, half of the White House staff, and all of congress. Lets close all welfare offices for 2 days every week.
When is it NOT an emergency with this guy?
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