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Donít Bail Out Profligate States
Real Clear Politics ^ | 18 Jun, 2020 | Steve Moore & Kevin Roberts

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 don’t 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 ...


TOPICS: Society
KEYWORDS: democrats; spending

1 posted on 06/18/2020 7:32:19 PM PDT by MtnClimber
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To: MtnClimber

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.


2 posted on 06/18/2020 7:32:28 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber
Meanwhile, governors like Gavin Newsom of California are threatening to shut down first responders, hospitals, and police services if they don’t get a big check from Washington

I thought shutting down police was a good thing? Confused.....

3 posted on 06/18/2020 7:39:43 PM PDT by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite its unfashionability)
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To: MtnClimber
Without a lifeline from the federal government,” she writes, “states would have no choice but to start slashing budgets and raising taxes.”

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?

4 posted on 06/18/2020 7:43:46 PM PDT by workerbee (==)
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To: MtnClimber
California and New York won't vote for Trump if he bails them out so why bother.

If he does bail them out he loses support from his base.

5 posted on 06/18/2020 8:18:56 PM PDT by yesthatjallen
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To: MtnClimber

And when school districts run out of money the first thing they do is cut football and band.


6 posted on 06/18/2020 8:22:24 PM PDT by bigbob (Trust Trump. Trust the Plan)
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To: MtnClimber
"..The difference is that their natural disaster stares back at them in the mirror every morning.."

Money line.
But not in "their" eyes. Petulant child and all. d;^)

7 posted on 06/19/2020 5:29:15 AM PDT by CopperTop (Outside the wire it's just us chickens. Dig?)
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