Thursday, November 6, 2008
Democrats ready to reward unions
Congressional Democrats are already trying to move on some of their crony-capitalist ideals by announcing that they intend to double the aid to U.S. automakers. The aid would be included as part of a second stimulus package; the first stimulus package did very little to prop the ailing economy but maybe if they try it again, it might just work, right? Democrats are beholden to union members (a very small portion--7.5%--of private sector workers and responsible for spending $400 million on the election) for their support during this last election, so it is no surprise that such a tasty little aid plan ($50 billion in taxpayer funds) would be brought to the feet of the United Auto Workers and the fledgling car companies. Ask yourself, would Democrats do the same for other industries that didn't pass their ideological muster? A better question is should government be aiding any failed business at the expense of others? We have already seen what the $700 billion bailout has borne out, should our government be allowed to play favorites again?
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