NEWS MAX: … He supported [President Barack] Obama’s call for heavy spending on infrastructure “but if you look at the make-up of the stimulus program,” says Zuckerman, “roughly half of it went to state and local municipalities, which is in effect to the municipal unions which are at the core of the Democratic Party.” …
His take on health-care reform is equally bleak: “Eighty percent of the country wanted them to get costs under control, not to extend the coverage. They used all their political capital to extend the coverage. I always had the feeling the country looked at that bill and said, ‘Well, he may be doing it because he wants to be a transformational president, but I want to get my costs down!'” …
He believes unemployment has even surged beyond the Department of Labor’s “U-6” number of 16.5 percent that has received increasing attention lately because it includes people who have given up looking for work within the past year, plus people who have been cut back from full-time employees to part-timers…. (more)
EDITOR: Highly successful real estate developer and New York Daily News owner Zuckerman is all that Donald Trump would like us to believe Trump is but isn’t. On the other hand, the Obama administration urged a second stimulus plan in 2010 but the Republicans derided it. Earlier this month a ‘Jobs’ bill that would generate infrastructure spending was rejected by the Republicans.