Friday, February 26, 2010
The special-interests economy
Here’s another example of the Obama administration viewing the economic crisis from the perspective of special-interests. … It’s not a bad idea per se. But look at the pattern of big donors and supporters getting their cut from the rest of us: Wall Street bankers and bailouts, UAW ownership slices of GM and Chrysler, labor exemptions from proposed health-care reform taxes, stimulus money to save public-sector jobs. It all paints a picture of business-as-usual in Washington, something Obama vowed he would change. It also paints a picture of an administration focusing yet again on the outer social-engineering fringes of the main problem: the economy and lack of jobs. ...
P.S. -- Here's an example of social-engineering harming job-creation efforts: prevailing-wage vs. weatherization projects. ... Is there a move afoot to temporarily suspend prevailing-wage requirements during the crisis? If there is, I haven't heard of it.
Here’s another example of the Obama administration viewing the economic crisis from the perspective of special-interests. … It’s not a bad idea per se. But look at the pattern of big donors and supporters getting their cut from the rest of us: Wall Street bankers and bailouts, UAW ownership slices of GM and Chrysler, labor exemptions from proposed health-care reform taxes, stimulus money to save public-sector jobs. It all paints a picture of business-as-usual in Washington, something Obama vowed he would change. It also paints a picture of an administration focusing yet again on the outer social-engineering fringes of the main problem: the economy and lack of jobs. ...
P.S. -- Here's an example of social-engineering harming job-creation efforts: prevailing-wage vs. weatherization projects. ... Is there a move afoot to temporarily suspend prevailing-wage requirements during the crisis? If there is, I haven't heard of it.
