Not right to pay bankers bonuses with 320,000 unemployed
Across the country, nearly 5.5 million people have lost their jobs. In Massachusetts alone, there are nearly 320,000 people currently unemployed, with nearly 100,000 people losing their job since last August. Against this backdrop, many big banks on
Wall Street that were aided by the US Government and the taxpayers, stand ready to pay out huge bonuses. This is not right.
The clearest way out of our current troubles is growth--growth in jobs, growth in income, growth in the economy.
Source: Campaign website, www.stephenpagliuca.com, "Tax Reform"
Nov 15, 2009