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Friday, February 26, 2010

Federal Contract Power to Be Wielded to Raise Wages

“The Obama administration is planning to use the government’s enormous buying power to prod private companies to improve wages and benefits for millions of workers, according to White House officials and several interest groups briefed on the plan…. Because nearly one in four workers is employed by companies that have contracts with the federal government, administration officials see the plan as a way to shape social policy and lift more families into the middle class.” (New York Times, Friday)

Is anyone else disturbed by that statistic?

FEE Timely Classic
“Stealth Expansion of Government Power” by Murray Weidenbaum