Wednesday, August 11, 2010

Another Bailout on Our Dime--We're BANKRUPT


***Michele Bachmann: Pelosi’s Union Bailout Allows Public Employee Unions to Run Ads Against GOP On Taxpayers’ Dime (Video)

Video: Rep. Tom Price (R-GA) on Special August House Session C-SPAN

We need some tough love. Why we need to let states go broke

Teach our children well. There's no such thing as a free lunch. Certainly we shouldn't eat their lunch.

GET IT?!!!

Even Gawker gets it. Oh, but it's a jobs bill.

...passed so fast it has no name. Another Dem disgrace, another bill they probably haven't read.

More. WSJ. Stimulus Pushers:
The White House has promoted the bill as emergency assistance for strained state budgets. But this unique brand of therapy drives states to spend more, not less. The "assistance" is so expensive that several governors were begging for relief even before Mr. Obama signed it into law. [snip]

Maintaining the salaries and generous benefit plans for members of teachers unions is indeed a top Democratic priority. That's why $10 billion of the bill's funding is allocated to education, and the money comes with strings that will multiply the benefits for this core Obama constituency. [snip]

While Mr. Obama quotes the union figure of 160,000 potential lost teacher jobs, those don't have to come out of the classroom. According to research by Eric Hanushek of Stanford University, student enrollment grew by 22% from 1990 to 2007, but teacher employment grew by 41%. Since 2000, enrollment has grown by 5% but teacher employment by 10%.

The unions themselves could have prevented some layoffs had they been willing to adjust their rich benefits. In Milwaukee, for example, nearly all of the 500 teacher layoffs announced earlier this year could have been avoided if the unions had agreed to change health plans that cost $23,000 per teacher per year for family coverage. They could have accepted a still-rich $17,000 plan. The unions chose the layoffs, betting (correctly) that Democrats in Washington would come to their rescue.

Related: Kirk Could Kill the Dems' Lame Duck

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