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Message
re: States have been living above their means for far too long
Posted on 8/9/20 at 9:55 am to geauxtigers87
Posted on 8/9/20 at 9:55 am to geauxtigers87
Millions and millions of government jobs should have been cut a long long time ago.
All of them negative value to society
All of them negative value to society
0
Posted on 8/9/20 at 9:56 am to geauxtigers87
Hard to see how LA makes it through this. O&G is way down.
Posted on 8/9/20 at 9:57 am to geauxtigers87
States don't have a revenue problem they have a spending problem. On top of that, the Fed confiscates far to much wealth from individual states and disperses it all across the country. Tax dollars should remain in the state in which they are paid, for the most. part.
Posted on 8/9/20 at 10:13 am to CDawson
quote:
Tax dollars should remain in the state in which they are paid, for the most. part.
a lot of states, like Louisiana, would get hammered hard if this happened
Posted on 8/9/20 at 10:17 am to frogtown
quote:
Which Republican states are you talking about?
Which states do you think are ran well?
Posted on 8/9/20 at 10:19 am to BigB123
quote:
The reason retirements are so high is because those jobs pay crap (firefighters and police are way underpaid).
This is a total myth. State workers are paid comparable to private sector when you consider production per hour. I’ve worked for the State, FedGov and private....the State needs to completely do away with their pension plan. It’s not sustainable
Posted on 8/9/20 at 10:29 am to The Goon
quote:
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.
It's not just a State problem, it's also a County problem. Case in point Texas, with already major property tax issues statewide, now grossly mismanaged Counties are raising taxes again to meet budget shortfalls. Those increases fall squarely on the shoulders of White middle and upper class property owners.
Posted on 8/9/20 at 11:01 am to BigB123
quote:That may never been true at one time but it is no longer. The gap between private and public sector wages has narrowed and public sector wage growth has outpaced private sector. Add to that the higher job security in the public sector and the pension benefits look even more ridiculous.
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 11:19 am to BayBengal9
quote:
USA Today ranking "best" and "worst" run states
Even USA Today admits the best run states are red and the worst run are blue...
This article is from 2013, evaluating 2012 data.
Posted on 8/9/20 at 11:28 am to geauxtigers87
Illinois recently passed a $43 billion budget.
- it will leave them between $6.5-$8 Billion in debt
- it also relies on a $5 Billion bailout from the federal govt
So in real life then can't pay for 31% of their budget.
They also owe over $200 Billion to their unfunded pension plans
- it will leave them between $6.5-$8 Billion in debt
- it also relies on a $5 Billion bailout from the federal govt
So in real life then can't pay for 31% of their budget.
They also owe over $200 Billion to their unfunded pension plans
quote:
Gov. J.B. Pritzker signed into law Wednesday an Illinois budget heavily reliant on federal assistance because of revenue lost to COVID-19 restrictions on businesses and social interaction.
But even short of revenue, Democrats who control the General Assembly sent the Democratic governor a $42.9 billion spending plan, 7.5% larger than the current year's outlay. It takes effect July 1.
The budget relies on billions of dollars that Illinois and other states hope come in the form of federal assistance to state balance sheets battered by COVID-19. It also authorizes borrowing up to $5 billion from a federal COVID-19 relief fund if grant funding isn't forthcoming.
Posted on 8/9/20 at 11:57 am to DallasTiger
quote:
This article is from 2013, evaluating 2012 data.
And? You think Cali suddenly discovered fiscal responsibility in 2018?
Another look from a different group in 2018
One "blue" state in the top 10 and 2 "red" states in the bottom 10.
And to expand: Only 5 "blue" states in the top 25 and 9 "red" states in bottom 25 (although that is by presidential election and several of those "red" states in the bottom 25 have Dem govs and state legislatures.
Posted on 8/9/20 at 12:03 pm to Flats
quote:
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.
Millions of government employees having better benefits than most private sector employees has always pissed me off. The wife and myself are paying some serious taxes to fund the retirement of government workers who predominantly vote Dim.
Posted on 8/9/20 at 12:06 pm to geauxtigers87
quote:
a lot of states, like Louisiana, would get hammered hard if this happened
And who would deserve blame for that? Time to let states fail that have bad plans. The Latoyas of the world must be exposed for what they are.
Posted on 8/9/20 at 12:41 pm to friendlysnek
And one of the main reasons we are a first world country is due to capitalism . The left is doing everything they can to destroy all that is good in this nation.
Posted on 8/9/20 at 2:10 pm to Bass Tiger
quote:
Millions of government employees having better benefits than most private sector employees has always pissed me off. The wife and myself are paying some serious taxes to fund the retirement of government workers who predominantly vote Dim.
Maybe instead of wishing for a race to the bottom we should be looking at private companies to do more to invest in their employees and offer better benefits packages.
Posted on 8/9/20 at 2:13 pm to SoDakHawk
quote:
Maybe instead of wishing for a race to the bottom we should be looking at private companies to do more to invest in their employees and offer better benefits packages.
Posted on 8/9/20 at 2:21 pm to SoDakHawk
Sorry to hijack. What area are you from SoDakHawk? My Dad is from Gregory. Mom is from Brookings. We still own a farm in Burke. Just curious seeing you post.
Posted on 8/9/20 at 2:27 pm to frogtown
Vermillion
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