Reidlr
Constitutionalist
- Apr 26, 2010
- 101
- 26
- 6
Tip of the iceberg? The states are coming back from the near depression Bushie "led" us into with his incompetence and lact of or any understanding at all of domestic policy.
Sarah, are you kidding me!! I'm sure that you are able to think and speak for yourself, but just in case please put down your liberal politics for dummies! Our financial problems are not President Bush's fault. The problem is our government! He is just a bi-product of what our government has become! Look at Greece! Their government has so many entitlement programs that it broke itself. How are we different from Greece? We really aren't! Our government, starting with FDR, has run us into a financial crisis! Our government feels the need to push for "rights" of everyone!
The right to own a home - sub-prime lending
The right to health care - medicad/medicare
The right to be lazy - welfare programs
The right to a home - government housing (sect 8)
The right to a retirement - Union negotiated pensions
The right to retire - social security
The right to....I'm sure you get the picture!
With the latest round, health care, we are now spending low-to-mid 40% of our GDP on government run entitlement programs! No economy can support that! Greece is currently at 43% GDP on their programs and they are all but done!
"Bushies" fault! Get real and think for yourself!
The bigger issue as to why States, Counties, and Cities are growing broke is public employee unions.
Paying above market compensation with huge pensions that allow such employees to retire in their 50s (and then often, double dip with another job), is not good fiscal policy.
Boedicca, Unions have destroyed state and local economies, but yet the local and state governments continue to support them! This is a more prevalent problem in liberal controlled cities and states, but it is everywhere. With the full support of the Democratic party, the Union abuse will not stop but will only worsen!
Back on the topic of California, the LA Mayor actually said today,
This guy really is daft! California and LA have no "economic might". They have economic disaster! It will be very interesting to see if California keeps their support of illegal aliens as they continue to creep closer and closer towards complete bankruptcy.Villaraigosa told CNSNews.com he believes immigration in general is a net plus for the country, that most of the estimated 12 million people in the country illegally contribute to the "economic might of the nation," and that the illegal immigrants in California contribute to the "economic might of the state."