The cornerstone of Obama's Labor Day speech before a union audience was a $50 billion transfer of wealth from taxpayers to Big Labor. Porkulus 3.0 will not create jobs for years (if at all), but it will raise gasoline prices Aside from taking time to feel sorry for himself, Obama unveiled a proposal to spend $50 billion on roads and infrastructure, which he promised "will not only create jobs … [Read more...]
The ($50 Billion) Road to Serfdom
September 7, 2010 By Ben Johnson
Filed Under: AFL-CIO, Big Government, Democrats, Economics, Environmentalism, Floyd Reports, Labor Unions, Obama administration, Politics, Radical Left, SEIU Tagged With: 2010 elections, AFL-CIO, Barack Obama, Ben Johnson, California, conservative, editor, Energy Policy, Environmentalism, FrontPage Magazine, FrontPageMag.com, gasoline prices, Government Spending, Infrastructure Bank, Iran, Jerry Brown, journalist, National Debt, New York Times, News, Obama stimulus, Obama stimulus bill, Politics, Rosa DeLauro, SEIU, Stimulus, The Washington Times, Unemployment, Unions
