Monday, February 15, 2010

More Stimulus Job Losses

Evan Bayh of Indiana is not running for his Senate seat again. There are rumblings about a number of other veteran Democrats who will be abandoning their seats. It's a great time for Democrats to retire.

Why? Because the wild spending is stirring up the great unwashed voters enough to pressure their fat cat representatives? Perhaps. But it is not the overriding factor.

The Stimulus bill of February 2009 and the Omnibus budget bill of 2009 are the real reasons. Together they represent over 1.2 trillion dollars of NEW money. The pork projects within make up the largest Democrat wish list of the last few decades. Billions upon billions are available for Democrat politicians to dole out in their districts. Cousins, nephews, brother-in-laws, sons, daughters, paramours and local businesses are flooded with government largesse like never before and you can bet that "payback" in the form of "greenbacks" are waiting for the pols who brought home the bacon.

Cry not for the ever growing list of Democrat politicians going into "retirement". They will soon be wealthier than they have ever been in their lives.

1 comment:

Anonymous said...

Excellent point! The revolving door of lobbyist/pol/bureaucrat/lobbyist has never been so well lubricated.