Skip to comments.Donít Bail Out Profligate States
Posted on 06/18/2020 7:32:19 PM PDT by MtnClimber
Writing for FiveThirtyEight.com, Amelia Thomson-DeVeaux has a dire warning for Congress if it fails to bail out the states. Without a lifeline from the federal government, she writes, states would have no choice but to start slashing budgets and raising taxes.
Meanwhile, governors like Gavin Newsom of California are threatening to shut down first responders, hospitals, and police services if they dont get a big check from Washington. This is called hostage-taking, and Republicans in Congress would be foolish to pay the ransom. Behind this reasonable-sounding statement is a slew of flawed presumptions. One is that the federal government has some large pot of money to give to states. The federal government can only give states money by taking it from their residents in the first place. Moreover, Uncle Sam is already on tap to borrow at least $4 trillion -- so it is in even worse fiscal shape than the states.
(Excerpt) Read more at realclearpolitics.com ...
They always seem to threaten cuts to vital services first while leaving unnecessary government employees in place. I agree that their states have been hit by a natural disaster like a hurricane, probably much worse. The difference is that their natural disaster stares back at them in the mirror every morning.
I thought shutting down police was a good thing? Confused.....
Oh puh-leez. Like Democrats have ever NOT had a reason to raise taxes. Don't people ever get sick of this same tired tune?
If he does bail them out he loses support from his base.
And when school districts run out of money the first thing they do is cut football and band.
But not in "their" eyes. Petulant child and all. d;^)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.