Showing posts with label public sector. Show all posts
Showing posts with label public sector. Show all posts
Wednesday, June 2, 2010
Saturday, May 22, 2010
The Big Payoff and the Big Comedown
This portion from Mortimer Zuckerman's article in the WSJ
needs some attention:
So now that stimulus funds have dried up, I guess states are going to have to do what they were able to push off with stimulus funds--make some deep cuts to state spending. The public sector workers and their unions got a sweet deal from Obama. Now it's time to sober up.
needs some attention:
It is not an accident that in framing the national stimulus program in 2009 Congress directed a stunning $275 billion of the $787 billion as grants to the states to support public-service employees in health care, education, etc.
So now that stimulus funds have dried up, I guess states are going to have to do what they were able to push off with stimulus funds--make some deep cuts to state spending. The public sector workers and their unions got a sweet deal from Obama. Now it's time to sober up.
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