Great news! President Obama wants another $50 billion bailout, this one for public sector unions.
President Obama is pressing Congress to approve emergency aid money to support economic recovery and help avoid widespread layoffs of public workers, the Washington Post reported Saturday.
Congressional leaders received a letter from the president asking for almost $50 billion for distribution to state and local governments, saying that increased spending is "urgent and unavoidable," the Post reported. The money would protect the jobs of teachers, police and firefighters.
"Because the urgency is high -- many school districts, cities and states are already being forced to make these layoffs," Obama wrote, "these provisions must be passed as quickly as possible."
Obama's plea comes despite last year's $787 billion economic stimulus package, which worked to stabilize the failing economy [Riiiiiight. -- Ed.], but did little to help the country's high unemployment rate. At 9.7 percent, unemployment is nearly the same as it was a year ago.
What could possibly go wrong? America's in the best of hands. Our Democrat Congresswoman here in Ohio's 13th District, Representative Betty Sutton, has been in charge since 2006. It's been rainbows and unicorns ever since.
Still, let's take a look back. Naturally, you completely forgot that $787 billion stimulus that Obama and Congress rammed through last year, didn't you? It was a spending orgy that was supposed to "create or save" gazillions of jobs. Remember that? It's the brilliant job-creating scheme that didn't actually, um, work. Who could've seen that one coming? Total shocker.
Here in Ohio, unemployment is much worse than the national average ... but that's not all. There's still $381 billion of that money lying around unspent, collecting dust in Washington. Why do you suppose Congress isn't redirecting that money to this new "emergency" instead of extracting another $50 billion from your pocket?
This new plea for another "emergency" bailout demonstrates (again) that there's no reason to trust the Democrats when they talk about fiscal responsibility. They're as trustworthy as a drug addict squeezing his relatives for money: "This is the last time I'll ask. I promise. I'll check myself into rehab, first thing tomorrow, but just this once I've gotta have this fix. It's an emergency and I'll die without it. Pinky swear!" If you think this is a one time deal, then there's some lovely oceanfront property in Death Valley that's got your name on it.
Congress lives in a strange alternate universe where your money is their money. When the economy's booming, the Congressional Fantasyland response is to "invest in America" by taxing The Rich™ (people who create wealth and hire you) because they're easy targets for class warfare rhetoric and the politics of envy. When the economy's crashing, the Congressional Fantasyland response is to suck more money into Washington so they can spread it around.
Hey, wait a second. Where have we heard that idea before?
Phase One: Throw taxpayer money at problem.
It should come as no surprise that Betty Sutton, a big fan of Barack Obama, has the same strategy for healing all that ails us.
Phase Two: ?
Phase Three: Miraculous results.
Think of it as the Underpants Gnome Theory of Government:
Now here's the kicker. Not only does Betty Sutton genuinely believe that the Underpants Gnomes are worth imitating, she personally benefits from Obama's new "emergency" $50 billion bailout of public sector unions.