The States aren't "Broke"
They just can't stop spending.
An excellent piece from the Washington Examiner lays bare all the nonsense rhetoric from America's Governors whining that they're going broke. It's another case of the numbers destroying the doomsday sentiments of spendthrift politicians:
In addition, he found that "State taxing grew double GDP, almost three times inflation and ten times household growth, while Americans' incomes actually declined." So, the real issue is not that states are going to collapse. It's that they got used to uninterrupted growth funding ever bigger government and their elected officials do not know how to downsize.
And along with that feeling of "uninterrupted growth funding ever bigger government" comes the concomitant entitlement feeling of those on whom the Government's largesse is bestowed. And once that happens, very few politicians these days have the courage to do what is fiscally sound for their State and its residents at the risk of losing the votes of those that wholly depend on Government to live their lives.
It's a viscous cycle to be sure.
There's no end in sight.
Russ








1 Comment
Reader Comments (1)
I am Counting on
Energy From GOD Our Sun Free Energy. Very good our churches installing solar panels. For all that live near by and all that see this on our Churches. If your Local Government will not look to the Future go to a Church.
The Island of Maui in the Pacific Ocean is truly a Tropical Paradise like many of the Hawaii Islands that has used Solar and wind Energy for many years. Its Seascapes are as Beautiful as its Landscapes. Many like Hana’s by Kipahulu in Maui were the coffee maker runs on the Sun Solar Power. Her freshly picked Tropical fruit smoothies are the greatest. You make the electrical power on a bicycle for the blender to run. Banana, Mango, Papaya, Guava and of course My favorite Coconut and Pineapple are just some of what you can make.
Many of us that live and visit Maui already have Solar and Wind Energy. Very soon many more will and some day most all will be cutting the line to the Power Utilities Grid. Stopping them from putting their hands in our pocket book.
Free Energy from the Sun. WHY pay for it, to some one else? Your Local Utility Provider is NOT A valuable resource in Your Time Of Financial Need. Or the GOV they just want to TAX you more. LOOK TO SOLAR AND WIND ENERGY on the internet it has been the learning platform for our Schools and Universities for Years. In this case look to the House of GOD. It has always been the best place for the truth. The Church and the Bible.
Many in the Island of Maui and other Islands have been off the Grid for years.
There are many Reasons Home Owners Should Consider Going Solar there has to be at least 100 Good Reasons. Soon Hawaii will Lead with showcasing Solar Energy To the World.
GOD Bless for the good work all do to Help the Church Light the Way.
Now if we can only get our World Leaders to Read the Bible More, and look to the real Paradise Heaven not Hell, and stay out of our Pocket books.
The Lord’s little Helper
Paul Felix Schott
PS
Our Libraries and Schools should have gone Solar long ago.