A Better Idea: let’s limit TARP legislator pay!

Saving taxpayers some money?

Seems that Congress is hell bent on replacing the best-functioning labor market in the world with their own unique brand of wisdom.  Well, I have a better idea.  Why don’t we slash in half the pay of all those Congressional leaders who came up with the TARP idea in the first place, since they are spending our money, and I think it is clear that they are spending our money unwisely, which is precisely the logic they use to confiscate the salaries and bonuses of the bail-out executives.

Moral of the story?  Government should not be in the business of trying to run a business. The TARP bailout should have never seen the light of day.  With no TARP bailout, Congress would not have had it’s latest excuse for grabbing up yet more of the private economy’s resources for trying to put this country back on track toward improved productivity, output, jobs, income, and security.

By Sherry Jarrell

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