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Mar 122010

Tuesday, the U.S. Senate passed another Democratic multi-billion dollar legislative handout designed to temporarily alleviate the continuous financial burden hanging over the nation’s unemployed and fiscally irresponsible states.

Democrats—with six Republicans tagging along for the spending spree—swiped the nation’s Centurion Card to the tune of $140 billion, and went home with bags overflowing with goodies: subsides for health insurance, funds to prevent states from laying off public service employees, extensions of unemployment benefits, etc.

Senator Chuck Schumer—apparently now worried about the chattering class—patted himself on the back for a day’s work and proclaimed, “While our Republican colleagues on healthcare have been stonewall[ing], on jobs they know that they block us at their own political peril … and substantive peril as well.”

New York’s senior senator is entitled to his own opinion, but not his own facts.

This initiative can’t possibly be touted as a jobs bill when nearly 90% of the funds appropriated are unrelated to job-creation. Moreover, the Republicans who did cross party lines to support this measure, supported—what amounted to—another spending bill, and they might be doing that at their own political peril.

Read the rest.

 

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