The ($50 Billion) Road to Serfdom

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...]