Since the federal government has decided to expropriate the future earnings of America's children to avert an economic 'catastrophe', its only fitting that these resources be used most efficiently, guaranteeing a rapid return on investment. Otherwise, what we will see is the debilitatingly prolonged recovery of the depression era.
Even government bureaucracies should use sound market principles and fiscal responsibility in dealing with crisis. Meaning Davis-Bacon policies should have no place in the effort to restore our country's economic stability.
Just as the Bush administration suspended the Act in Katrina ravished Louisiana to facilitate rapid response and recovery, so the Obama administration and Congress should do the same for the sake of our national economy.
In conservative circles, wage standards discriminate against poor communities and drive up unemployment in general. With unemployment climbing of its own, job protectionism and labor unions as the primary beneficiaries of stimulus contracts, will retard growth.
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