Friday, September 23, 2011

ONE OF THE THINGS WRONG WITH THE DEMOCRAT'S APPROACH TO INVESTMENT IN THE ECONOMY: Economic Signals Heighten Worries of a Double-Dip - WSJ.com

Economic Signals Heighten Worries of a Double-Dip - WSJ.com

Another sign of what's wrong with Democratic economic policies (unless you favor the right of unions to be subsidized by everyone else in the economy) is the Democrats desire to fund research into next generation automotive technologies to "keep car production in this country".

Let's just admit that its UAW car production and that the union would rather have bonuses, higher wages and benefits with their new contract than to make sure there employers have the funds to invest in the future of their industry.

Clearly Obama and the unions see nothing wrong with this. Why should they forego current rewards and sacrifice for the future.

Clearly again this is emblematic of the antipodal beliefs unions and the Democrats have with respect to restoring economic growth. They want the benefits of growth but don't want to pay for it. Take it from someone else!

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