Tuesday, August 10, 2010

Where Do Government Bailouts End?

I was reading up on a Fox News article today. It stated Obama and House of Representatives passed another "$26 billion bailout for teachers, police officers, and other public workers from unemployment." I couldn't agree more with Conservatives saying that, "the bill is a giveaway to teachers unions and an example of wasteful Washington spending." There really isn't a need for unions these days and this is another example of endless bailouts this Administration is synthetically pumping into the economy.

With some state government's budgets becoming in short supply, I would hope these states didn't come knocking on the White House's door asking for a handout like many of the bailouts occurring since Obama set foot in the door. As a firm believer in adopting business-like operations and trickle-down economics, all this bailout provides is an inflated sense of hope for these states being able to fund teacher and police officer salaries. What happens once this bailout funds are spent up and how responsible are these states going to be allocating it properly?

Surely Texas has nothing to do with this bailout for public workers. As a state stronger economically than it's own nation, it is frustrating to stand by and watch this dramatic change in how our country is functioning and the perception Obama is giving the country. Americans seem to feel like if I stick my hand out for help, someone else will take care of me. As critical as Democrats were of Bush's spending during his Administration, taxpayer dollars are going to sky rocket nonetheless and the added deficit is through the roof with the expectation that American taxpayer dollars will alleviate all Obama's spending problems and loopholes.


1 comment:

  1. Tim Kaine, head of the Democratic National Committee, said "There could not be a better example of the difference in priorities between Republicans and Democrats than this legislation." He said this in response to a $26 Billion state-aid bill that the House passed on Tuesday this week. This bill has been approved to aid states in funding for teachers and public employees in order to prevent layoffs.

    In the blog, it is expressed that the bill,or bailout, will cause an inflation in taxes and that these states are looking for short lived remedies to their financial problems. The blogger also sides with an opinion that the bill is "a giveaway to teacher's unions." Although Jd1502 does not consider himself a Republican, he or she does have very conservative thoughts when it comes to government spending and tends to side on the side of the Republican party. Therefore, I believe that this blog is geared towards people who are more to the right side of the spectrum.

    I believe that education is an important thing and I can't think of anything I would rather spend tax dollars on than health care and education. This will allow states to keep teachers on their payroll and rehire teachers who may have already been laid-off thus preventing overcrowded classrooms and more individual attention. The bill is not only aiding school districts, $16 billion is going towards state Medicaid reimbursement which will help the health care industry and also possibly allow for more individuals to qualify for Medicaid. It is predicted that some of this funding will help keep law enforcement officials and public employees on the payroll.

    In a time where the economy is being hit hard it is very imperative that we pay close attention to these necessities. The Democrats see this but the Republicans...well not so much. In order for the American citizens to get the best education, health care, and safety our government needs to step in, help the states if needed, and not slap them on the wrist and tell them to fend for themselves. This bill is offering them that help and for the majority, I give a thumbs up!

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