Though, of course, its not being reported like that:
Eager to show action on the ailing economy, President Barack Obama promised Monday to speed federal money into hundreds of public works projects this summer, vowing that 600,000 jobs will be created or saved.
Its really about “save” more than “create” at this point – unless Obama and Co get Johnny-on-the-spot on getting the various infrastructure programs moving, a very large number of workers in that industry will be let go as summer fades towards fall…what Obama doesn’t need is a huge spike in unemployment. What he needs even less than that is for the unemployed to be dues-paying union members who are thus part of the backbone of Democrat political fundraising. Now, will it come out the way Obama wants?
I doubt it – you see, money is fungible…you hand over ten billion to the New York State government for public works projects, and you might very well find them using that money to cover the shortfall in the public sector pension plans, or some other non-build-a-bridge program. Right now, the States are bleeding cash – and the States bleeding the most are those States with the most liberal governments, the most unionized workers and the most pull in a liberal, Democrat Congress. So, look for only pennies on the dollar to wind up where its supposed to.
Liberals – you can’t spend your way to prosperity; you can’t forever buy power with taxpayer funds; you can’t forever pull the wool over everyone’s eyes.