Obama's 'High Road' Procurement Policy

http://www.futureofcapitalism.com/2010/02/obamas-high-road-procurement-policy

The Washington Examiner's morning "must reads" column (third item) nicely summarizes The New York Times's account of President Obama's plans to use an executive order to require government contractors to meet all kinds of requirements, perhaps including paying higher wages and more generous benefits. The Examiner:

Writer Steven Greenhouse, developing a story broken by The Daily Caller, seems surprised that people who mow lawns on federal contracts would not make more than $22,000 a year. That won't even pay for parking in the Upper West Side.

Unions say it will lift wages nationally and actually save money because better-paid workers will be more productive. Maybe, or maybe it will make things more expensive and make government work even more poorly.

by Editor  |  Feb 26, 2010 at 9:30 am Related Topics:  President Obama, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list