Thursday, April 15, 2010

Obama's Latest Assault on the Economy, a $500 Billion Gift to the Unions


Here something that slipped under the non existent radar of the mainstream media. Yesterday the President's executive order, known as the “High Road Contracting Policy” became operational. This order gives preferential treatment to government construction contractors that pay their hourly workers a "union wage" and provide additional benefits such as health insurance, employer-funded retirement plans and paid sick leave. In other words, they will be "cutting out" the non-union shops out of the $500 billion dollars worth of Federal construction Jobs, thus raising the cost of construction jobs between 10-20% and increasing the federal deficit.

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