Quote:
Originally Posted by Professor S
Read it again.
They didn't say it could cost them a % of the stimulus money, it says it could cost them ALL of the stimulus money. Perhaps the threat has been reduced to percentage of the cut, but if so I haven't seen it yet. To call this fear mongering after reading the article isn't an honest comment, it's simply dismissive.
If I wanted to really fear monger I could go into how this Administration's treatment of Chrysler fits with the literal definition of economic fascism, at least the Italian version.
http://en.wikipedia.org/wiki/Fascism#Economic_policies
Now is that fear mongering, or a pretty accurate description of what happened? And no, I'm not saying Pres. Obama is a fascist, but his decisions in regards to Chrysler certainly were, but one example does not a fascist make. Then again, four years is a LONG time... |
I don't think you understood what MarioLover said, or you're reading the article wrong. If they don't revoke the wage cuts they'll lose all of the stimulus money. If they do revoke the wagecuts, they'll only lose the ~1% that it costs them to spend on it.
And I really don't care that the federal government is doing this. These wage cuts will save you 74 million? Well, that's okay, since the federal government just gave you 6.8 billion. If cutting wages is something you don't do lightly, and only as a last resort, as the article stated, then you it shouldn't be a big deal to repeal them in the face of all the new money you're getting.
And if I was going to give someone 6.8 billion dollars, I would probably feel inclined to make sure they spend at least some of it the way I wanted them to.
And those republicans who turned down stimulus money? They'll still not be getting anything whereas California will be getting 6.8 billion - 74 million. I think it's obvious that some people still turned down a crap load of money.
It's completely ridiculous, this argument.
American people to their government, about 10% of which do not have jobs, have no means to feed their kids or pay their bills: "Why did you turn down our stimulus money?"
Government: "Well, you see, the feds were going to force us to either spend some of it to save some of your jobs, or it was all going to be taken away. And we're waaaaaay to proud to have them telling us what to do."
Good lord. This is one of the reason's I voted for Obama. More power to him.