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Started By
Message
States have been living above their means for far too long
Posted on 8/9/20 at 8:54 am
Posted on 8/9/20 at 8:54 am
Both republican and democrat states have had bloated state budgets for years which are unsustainable. Covid has exposed this in a big way and why they're crying for bailouts.
While I'm sure everyone but Louisiana will make changes, this was a reset a long time coming.
While I'm sure everyone but Louisiana will make changes, this was a reset a long time coming.
Posted on 8/9/20 at 8:57 am to geauxtigers87
quote:
Both republican and democrat states have had bloated state budgets for years which are unsustainable.
Which Republican states are you talking about?
Posted on 8/9/20 at 8:58 am to geauxtigers87
Have you seen some of these highschools, police and fire departments stations. Court house's and city halls. The damn government and it's employees are live better off the fruit of our labor.
Posted on 8/9/20 at 9:03 am to geauxtigers87
Liberal states love their highly paid full time legislatures. The pols get to sit around and think up new ways to spend other people's money while lining their own pockets.
Posted on 8/9/20 at 9:05 am to geauxtigers87
USA Today ranking "best" and "worst" run states
Even USA Today admits the best run states are red and the worst run are blue...
Even USA Today admits the best run states are red and the worst run are blue...
Posted on 8/9/20 at 9:08 am to geauxtigers87
Mississippi constitutionally must have a balanced budget and maintain a rainy day fund. It was looking bleak there for awhile but it's not going to be as bad as thought, assuming there is not another shut down. The red states you are talking about probably have blue governors (looking at you La).
Posted on 8/9/20 at 9:09 am to FATBOY TIGER
quote:
Have you seen some of these highschools, police and fire departments stations. Court house's and city halls.
Those are cheap compared to the retirements you’re paying. I think if most people understood what they were paying for their neighbor’s city or state retirement the pitchforks would come out.
Posted on 8/9/20 at 9:12 am to FATBOY TIGER
quote:
Have you seen some of these highschools, police and fire departments stations. Court house's and city halls. The damn government and it's employees are live better off the fruit of our labor.
Sheeit, how about all of Louisiana's many, many universities....even ULM has brand new, very nice buildings everywhere you look. Tech, same thing. I get to wondering, how is all these shits paid for, and is there about to be a v serious problem given lack of enrollment/tuition.
Posted on 8/9/20 at 9:13 am to Flats
Alabama and Florida have balanced budget constitutions as well.
Posted on 8/9/20 at 9:15 am to Flats
The reason retirements are so high is because those jobs pay crap (firefighters and police are way underpaid). States are basically kicking the can down the road by deferring pay to retirement.
Posted on 8/9/20 at 9:20 am to geauxtigers87
I fricking laugh every time I see a liberal nimrod talks about poverty in the USA. Go to the average projects jungle and take a tour of any house other than a crack or heroine addict and you’ll find fully stocked refrigerators, Obama phones, free WiFi, central heat/AC, large flatscreen TV’s, etc...
I’m not saying it’s a Shangri La but it’s definitely not in the same stratosphere of poverty in other countries.
I’m not saying it’s a Shangri La but it’s definitely not in the same stratosphere of poverty in other countries.
Posted on 8/9/20 at 9:20 am to geauxtigers87
FACT. Most red states are net takers and most blue states are net givers to the federal tax base.
Posted on 8/9/20 at 9:25 am to reboil
quote:
FACT. Most red states are net takers and most blue states are net givers to the federal tax base.
Not when state debt is included. California, for example, is usually mentioned when people use your canard. They are $1 TRILLION in debt without the option to print their way out of it. California is bankrupt. So is New York.
This post was edited on 8/9/20 at 9:58 am
Posted on 8/9/20 at 9:26 am to geauxtigers87
The article seems to focus on 2012 numbers. Got anything more recent?
Posted on 8/9/20 at 9:30 am to NPComb
quote:
I fricking laugh every time I see a liberal nimrod talks about poverty in the USA. Go to the average projects jungle and take a tour of any house other than a crack or heroine addict and you’ll find fully stocked refrigerators, Obama phones, free WiFi, central heat/AC, large flatscreen TV’s, etc...
I’m not saying it’s a Shangri La but it’s definitely not in the same stratosphere of poverty in other countries.
Probably because we are a first world country
Posted on 8/9/20 at 9:35 am to GeauxTrain
CA and NY are screwed. I don’t know what is going to happen here in Louisiana.
Posted on 8/9/20 at 9:41 am to reboil
quote:
Most red states are net takers and most blue states are net givers to the federal tax base
People pay federal taxes, not states. Just because your state has a huge population doesn’t mean it’s better ran.
People flocked to California for jobs and great weather. The state is now trying to tax itself out of budget shortfalls and has a well underfunded retirement system using bloated growth rates to minimize funding.
Posted on 8/9/20 at 9:49 am to The Goon
california had a GDP of 3.2 TRILLION 4Q last year and they are going bankrupt. think about that insanity for a minute.
Posted on 8/9/20 at 9:54 am to geauxtigers87
The annual GDP in California in 2019 was 3.2T, not sure where you got that 4Q number.
GDP is not state revenue either.
GDP is not state revenue either.
Posted on 8/9/20 at 9:55 am to geauxtigers87
Blame matching federal funds.
It’s the nature of any government to bloat, but matching fed funds have further encouraged that.
It’s the nature of any government to bloat, but matching fed funds have further encouraged that.
This post was edited on 8/9/20 at 10:00 am
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