Congress seems determined to throw our money at Detroit without forcing the unions to renegotiate their outdated contracts.
Sensing an opportunity, some are demanding that now is the time to bail out cities and states without requiring them to bring employee compensation in line with the private sector.
Joe Conason in Slate.com offers this to Barack Obama:
“His first priority should be immediate, substantial financial aid to the states and cities that are now laying off thousands of public employees and preparing to fire thousands more. Rapid, generous assistance to localities would not only keep hundreds of thousands of workers employed, but would simultaneously advance national priorities in health, education, infrastructure, and energy efficiency.”
Gov. Beshear, get your private jet warmed up!