Tuesday, September 7, 2010

Obama's Stimulus Means Redistribution from Poor to Rich

This New York Post chart shows that the already-bloated federal workforce expanded since the downturn began. And since compensation for federal bureaucrats is twice the average for other workers, it certainly seems like Obama is playing a perverse game of class warfare - particularly since ordinary Americans pay the price when so-called stimulus spending drains money from private capital markets and misallocates resources.

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